New DRAM and NAND assembly and test facility – the first in India – will expand Micron’s global manufacturing base to meet future demand
Micron Technology, Inc., one of the world’s largest semiconductor companies, has announced plans to build a new assembly and test facility in Gujarat, India, a day after Prime Minister Narendra Modi met Sanjay Mehrotra, the Indian-American President and CEO of Micron, in Washington DC during his state visit to the US.
Micron’s new facility will enable assembly and test manufacturing for both DRAM and NAND products and address demand from domestic and international markets.
While Micron will invest $825 million in setting up the facility, the remaining 1.925 billion will be supported together by Central Government of India and Gujarat state government as fiscal support and in incentives, respectively.
Phased construction of the new assembly and test facility in Gujarat is expected to begin in 2023. Phase 1, which will include 500,000 square feet of planned cleanroom space, will start to become operational in late 2024.
The combined investment by Micron and the two government entities — Central Government of India and Gujarat State Government — over the course obf both phases will be up to $2.75 billion.
Micron will receive 50% fiscal support for the total project cost from the Indian central government and incentives representing 20% of the total project cost from the state of Gujarat, which comes under the government's “Modified Assembly, Testing, Marking and Packaging (ATMP) Scheme" announced in July last year, by Ministry of Electronics & IT (MeitY), Government of India.
Micron’s investment will be up to $825 million over the two phases of the project and will create up to 5,000 new direct Micron jobs and 15,000 community jobs over the next several years.
“We are excited about the steps India is taking to develop the local semiconductor ecosystem,” said Micron President and CEO Sanjay Mehrotra. “I am grateful to the Indian government and all of the officials involved that made this investment possible. Our new assembly and test location in India will enable Micron to expand our global manufacturing base and better serve our customers in India and around the world.”
“Micron’s investment to set up assembly and test manufacturing in India will fundamentally transform India’s semiconductor landscape and generate tens of thousands of high-tech and construction jobs,” said Union Cabinet Minister for Railways, Communications, Electronics and IT Shri Ashwini Vaishnaw. “This investment will be a crucial building block in the country’s blossoming semiconductor ecosystem.”
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