Chief Minister of Gujarat Bhupendra Patel emphasised on the worldwide significance of the challenge’s speedy improvement, positioning India as a key participant in the worldwide semiconductor enviornment, and drawing worldwide consideration. (X)
The Assembly, Testing, Marking and Packaging (ATMP) facility will specialise in producing reminiscence and storage merchandise, catering not solely to home calls for but additionally eyeing a world market by way of exports
US chipmaker Micron’s formidable challenge to arrange a semiconductor unit in Gujarat is racing towards completion inside a outstanding 12-month timeframe.
The Union Cabinet greenlit the challenge in June, securing a colossal capital funding of Rs 22,516 crore with 50% fiscal help from the federal government. The swift tempo of progress was evident because the groundbreaking ceremony occurred in Sanand, Gujarat, a mere three months after the approval, showcasing the federal government’s unwavering dedication to advancing India’s technological prowess.
Currently underneath building, the ATMP (Assembly, Testing, Marking and Packaging) facility is on monitor to be accomplished inside simply 12 months. It will specialise in producing reminiscence and storage merchandise, catering not solely to home calls for but additionally eyeing a world market by way of exports.
This vital initiative is poised to create up to 5,000 direct job alternatives and a further 15,000 oblique jobs over the subsequent 5 years, presenting a considerable increase to employment prospects. Collaborative efforts between the India Semiconductor Mission, the Government of Gujarat, and the US firm goal to practice about 10,000 engineers, guaranteeing a talented workforce aligned with the trade’s necessities.
Moreover, the challenge has attracted eager curiosity from over 30 ancillary industries specialising in gases, chemical compounds, tools, substrate manufacturing and associated fields, contemplating establishing their amenities in Gujarat, enriching the area’s technological panorama.
Wednesday marked a crucial juncture as agreements have been formalised amongst Micron, India Semiconductor Mission, and the Government of Gujarat to guarantee well timed challenge milestones and the facilitation of incentives.
Gurusharan Singh, Senior Vice-President for Micron, expressed gratitude for the steadfast help from each the central and state governments, underscoring their pivotal position in propelling the challenge ahead. Meanwhile, Union Minister for Electronics & IT Ashwini Vaishnaw recommended the coordinated efforts between the Gujarat authorities, the Centre and the trade, reaffirming the federal government’s dedication to nurturing India’s semiconductor manufacturing ecosystem. Chief Minister of Gujarat Bhupendra Patel emphasised on the worldwide significance of the challenge’s speedy improvement, positioning India as a key participant in the worldwide semiconductor enviornment, and drawing worldwide consideration.
As per trade insiders and specialists, as building progresses quickly, all eyes stay mounted on the approaching completion of Micron’s semiconductor facility in Gujarat, poised to redefine India’s technological panorama and considerably impression international semiconductor manufacturing.
