Ashwini Vaishnaw Demos Precision Semiconductor Tech Micron Technology Is Bringing To India 2023

According to the news agency ANI, the Union Minister for Communications, Electronics, and Information Technology, Ashwini Vaishnaw, demonstrated complex, precise semiconductor technology that the global semiconductor systems manufacturer Micron Technology is bringing to India on Monday.

This follows Micron Technology’s recent announcement that it will invest up to $825 million in its first semiconductor assembly and testing facility in Gujarat, India. The facility of Micron Technology has been approved under the Centre’s “Modified Assembly, Testing, Marking, and Packaging (ATMP) Scheme”.

Micron Technologies will establish the first semiconductor manufacturing plant in India… Last week, Vaishnaw was quoted as saying in an interview that the first Indian-made semiconductor device should be rolling out of this factory within the next six quarters.

Micron Technology’s Precision Semiconductor Tech Demonstrated by Ashwini Vaishnaw

It should be emphasized that Micron’s facility in Gujarat’s Sanand Industrial Park will primarily focus on chip packaging rather than chip manufacturing. Indian Express reported that the company would transform semiconductors into ball grid array integrated circuit devices, memory modules, and solid-state drives.

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 Centre and 20% of the total project cost in incentives from Gujarat.

Micron’s new facility will allow for the assembly and testing of DRAM and NAND products, as well as meet domestic and international market demand, the company said in a statement. Inviting Micron Technology to increase semiconductor manufacturing in India, the prime minister noted that India can offer competitive advantages in various stages of the semiconductor supply chain.

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