Gandhinagar: One of the world’s largest semiconductor companies, Micron Technology, today announced its plans to build a new assembly and test facility in Sanand of Gujarat with an investment of $825 million (Rs 6,760.87 crore).

“Micron’s new facility will enable assembly and test manufacturing for both DRAM and NAND products and address demand from domestic and international markets,” the company said in a statement.

The statement said, “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, and Micron will ramp capacity gradually over time in line with global demand trends. Micron expects Phase 2 of the project, which would include construction of a facility similar in scale to Phase 1, to start in the second half of the decade.”

“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. Under the government’s “Modified Assembly, Testing, Marking, and Packaging (ATMP) Scheme,” 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. The combined investment by Micron and the two government entities over the course of both phases will be up to $2.75 billion,” the company statement further said.

“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.”

“Micron selected the state of Gujarat due to its manufacturing infrastructure, conducive business environment, and well-established talent pipeline in the SANAND Industrial Park (Gujarat Industrial Development Corporation, GIDC),” the company said.

Micron’s new facility will focus on transforming wafers into ball grid array (BGA) integrated circuit packages, memory modules, and solid-state drives. Micron will build and operate the assembly and test facility in accordance with the company’s sustainability goals and in line with local and global environmental commitments. DeshGujarat