Micron to build chip packaging and testing plant in India
Micron to build chip packaging and testing plant in India
Jun 23, 2023 /SemiMedia/ — Micron Expertise stated on the twenty second that it's going to make investments $825 million to construct a brand new chip packaging and testing plant in Gujarat State, India, which would be the firm’s first plant in India.
With the help of India’s central authorities and the state of Gujarat, the overall funding within the plant will quantity to $2.75 billion, Micron stated. Of this, 50% will come from the central authorities of India and 20% from the state of Gujarat.
Development of the brand new facility in Gujarat state is predicted to start in 2023, with the primary section to be operational by the tip of 2024, Micron stated. The second section is predicted to begin after 2025. Collectively, the 2 phases will create as much as 5,000 jobs.
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