The minister said that the government has modified the semiconductor scheme and asked all players who have applied earlier to file applications afresh to take benefit of the scheme. In a way, semiconductors are a foundational industry," he said. The chips coming out of this (Micron) facility will be an input in electronics, defence, car, train manufacturing etc. Some will come directly and some will come in through partnerships with other firms. "This unit will bring along about 200 more units that are part of the semiconductor ecosystem. Micron is among the top five semiconductor companies in the world. "Hopefully, we should have 4-5 semiconductor plants in the next 12 months," Mr Vaishnaw said. Micron has said the plant will create up to 5,000 new direct jobs and 15,000 community jobs over the next several years.
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"The turnover of this project at full capacity will be close to a billion dollars," Mr Vaishnaw said.
Phase 1, which will include 5,00,000 square feet of planned clean room space, will be operational in late 2024. Phased construction of the facility is expected to begin in 2023. The total cost of the plant comprises $825 million from Micron and the rest from the government in two phases. "First Made-in India chip from Micron is expected to come out in about six quarters from now," Mr Vaishnaw said.Ĭomputer storage chip maker Micron will set up its semiconductor assembly and test plant in Gujarat, entailing a total investment of $2.75 billion (around Rs 22,540 crore). He said that land allocation, factory design work and tax compliance-related agreement for the Micron semiconductor plant to be set up in Gujarat has been completed.
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