PM Modi Inaugurates Micron Technology's Semiconductor ATMP Facility In Gujarat

Prime Minister Narendra Modi inaugurated Micron Technology's advanced semiconductor assembly, testing, marking, and packaging (ATMP) facility in Sanand, Gujarat, marking a significant investment in India's semiconductor ecosystem. The US-based company has committed Rs 22,516 crore to this project, which is expected to bolster India's position in the global semiconductor supply chain. The facility will not only create thousands of jobs but also enhance technological capabilities in the region. This inauguration aligns with the Indian government's push to establish a robust semiconductor manufacturing sector, aiming to reduce reliance on imports and foster local innovation. Modi emphasized the importance of this venture in driving economic growth and technological advancement in India, showcasing Gujarat as a pivotal hub for industrial investment. The move is expected to attract further foreign investments and collaborations in the semiconductor industry, crucial for the future digital economy.
Originally reported by NDTV Profit. Read original article
Related Articles
BusinessIsrael releases first visual of attack on Iran, targets hundreds of sites as part of Operation Rising Lion - Video
In a significant escalation of tensions in the Middle East, the Israel Defense Forces (IDF) have released the first visu...
Where is Ayatollah Ali Khamenei? Iran’s Supreme Leader ‘missing’ after US-Israeli attacks
In the wake of recent US-Israeli airstrikes aimed at high-ranking officials in Iran, including Supreme Leader Ayatollah...
BusinessAndhra firecracker unit blast: 20 killed in fire after massive explosion in Kakinada
A tragic explosion at a firecracker manufacturing unit in Kakinada, Andhra Pradesh, has claimed the lives of 20 individu...
BusinessIndia issues advisory for Indians in Abu Dhabi as Iran launches strikes in retaliation to US-Israel attack
In light of escalating tensions in the Middle East, the Indian government has issued an advisory for its citizens residi...