Micron plans two phases of India plant project with total investment of US$2.75 billion

2024-12-25 18:52
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Micron India plans to build a packaging and testing plant in Gujarat, India, in two phases. The clean room area of ​​the first phase is about 46,450 square meters and is expected to be put into operation by the end of this year; the second phase will be launched in the second half of this decade. The total investment in the two phases will reach US$2.75 billion, of which Micron will contribute 30%, and the Indian central government and state governments will provide 50% and 20% financial support respectively.