Our Bureau
Sanand, Gujarat
A meeting was held between PM Modi and Sanjay Mehrotra, an Indian-American business leader and the CEO of Micron Technology. In Gandhinagar, they discussed Micron’s efforts to enhance the semiconductor manufacturing ecosystem in India. Micron Technology, headquartered in Boise, Idaho, is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives.
“They discussed Micron’s efforts to enhance the semiconductor manufacturing ecosystem in India,” PMO said in an X post. Speaking after his meeting with PM Modi, CEO of Micron Sanjay Mehrotra said that he had discussed the progress of Micron’s project in Sanand with the Prime Minister.
“We were pleased to have the opportunity to update Prime Minister Modi on the progress that we are making with our Sanand project. So our meeting was dedicated to that as well as Micron’s focus on continuing to increase the workforce for semiconductor manufacturing here in India and we also talked about my Micron’s engagement with a social community here (the Atal Tinkering Lab),” he added.
“I think it’s a great opportunity and India’s time has come in this regard and Micron has taken the pioneering step of starting a manufacturing plant here and we hope the ecosystem can follow successfully in this regard” the Micron CEO further said.
During PM Modi’s US State visit last year, the semiconductor manufacturer announced its India investment plans. Micron Technology committed that it will invest up to USD 825 million to build a new semiconductor assembly and test facility in India with support from the Indian government.
Micron had selected Gujarat’s SANAND Industrial Park (Gujarat Industrial Development Corporation – GIDC) due to its manufacturing infrastructure, conducive business environment and firm talent pipeline.
India hopes to become a major global hub in semiconductor manufacturing over the next 10 years. The Union Cabinet had approved the comprehensive Semicon India program with a financial outlay of INR 76,000 crore for the development of a sustainable semiconductor and display ecosystem in 2021. India Semiconductor Mission (ISM) is a specialized and independent Business Division within the Digital India Corporation that aims to build a vibrant semiconductor and display ecosystem to enable India’s emergence as a global hub for electronics manufacturing and design.
