‘Micron plans to set up more chip units in India’
NEW DELHI : Micron Technology Inc. intends to build several semiconductor assembly and packaging units in India in addition to its proposed fabrication unit, minister of state for electronics and information technology Rajeev Chandrasekhar said, as the US-based company takes a long-term view of the country as a market and manufacturing destination for semiconductors. The minister said Micron’s first investment in India catalyzed the transition of fence sitters willing to consider the country as a serious part of their semiconductor assembly and eventually manufacturing plans; therefore, it was in the government’s interest to ensure that the company’s first plant is operational and functional at the earliest.
“If this first big investment by Micron is successful—and it is our job and duty to make it successful—two things happen as a consequence. One, it acts as a beacon for other companies and other investments to come to Dholera or anywhere else. Second, those who come to India see the value in growing what they already have to reach even higher levels of scale.
So, from a point of view, it is certainly a possible roadmap for growth. He’s absolutely right, and we’re absolutely clear about that in our mind," the minister said in an interview last week. The minister was referring to Micron chief executive officer Sanjay Mehrotra’s comments at the Semicon India 2023 in July that the semiconductor and packaging major will undertake the next phase of its expansion in the second half of the decade.
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