Launch · Professional & Local Services
Micron to start commercial chip production in India
By Startup Enthusiast ·
- Date
- Company
- Micron Technology
- What it does
- Memory and storage chip maker
- Kind
- Launch
- Amount
- $2.75 Bn
- Based in
- Sanand
What they do
Commercial production at its Sanand, Gujarat plant begins end of February, with $2.75 Bn investment
What happened
The plant is among the largest back-end semiconductor facilities globally, nearly 50 acres
Why it matters
Pilot production has begun at several approved semiconductor facilities in India
The details
- Micron will start commercial chip production at its Sanand, Gujarat facility at the end of February.
- The plant is an assembly, testing, marking and packaging (ATMP) unit, turning wafers into packaged chips, memory modules, and solid-state drives.
- Pilot production has already begun at several approved semiconductor facilities.
- The deal for the plant was signed in June 2023, with construction starting in mid-2023.
- Phase-1 completion was roughly 60% by late 2024, and the facility handover to Micron is expected by December 2025.
- Tata Projects is the build contractor for the facility.
- The total investment is up to $2.75 Bn, including fiscal incentives from the Centre and Gujarat government.
- The India Semiconductor Mission (ISM) is involved in the project.
The bigger picture
- The government's semiconductor push began in 2021 with the Semicon India programme, committing INR 76,000 Cr.
- The allocation includes INR 65,000 Cr for chip production, INR 10,000 Cr for Semiconductor Laboratory modernisation in Mohali, and INR 1,000 Cr for a design-linked incentive scheme.
- The global semiconductor market is projected to cross $1.1 Tn by 2030.
- India's strategic alliances with the US, EU, Germany, Japan, and South Korea are critical for semiconductor value chains and rare earth minerals access.
About the business
- Micron is a global memory and storage chip maker.
- The Sanand plant is one of the largest back-end semiconductor facilities globally, nearly 50 acres.
- The plant performs assembly, testing, marking and packaging (ATMP) of chips.
- It converts wafers into packaged chips, memory modules, and solid-state drives.
- The facility is located in Sanand, Gujarat, India.
- The project involves fiscal incentives from both the central and Gujarat state governments.
What happens next
- Commercial chip production is set to begin at the end of February.
- The facility handover to Micron is expected by December 2025.
The deal
- Type
- launch
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