Micron to set up $2.75 billion semiconductor facility in Gujarat
Computer storage chip maker Micron will set up a semiconductor assembly and test plant in Gujarat entailing a total investment of USD 2.75 billion (around Rs 22,540 crore), the company said on Thursday.
Micron will receive 50 per cent fiscal support for the total project cost from the Indian central government and incentives representing 20 per cent of the total project cost from the state of Gujarat. Image Source: Reuters