Micron to break ground for Sanand semiconductor plant on 23 September
Micron Technology will break ground for its semiconductor plant in Gujarat's Sanand on September 23.
This comes three months after the chipmaker revealed its intention to establish a facility in India. The facility is expected to be operational by the end of 2024.
The US-based corporation is the world's fifth-largest semiconductor manufacturer and has pledged to investing $825 million in India. The cost of the plant is expected to be $2.75 billion, with the balance covered as a subsidy by both the federal and state governments. It is the first megaproject approved under the Centre's $10 billion incentive scheme to entice global chip manufacturers.
A few months ago, Micron acquired 10 acres of land, a building and a factory from a troubled auto components maker. The facility is being converted into a pilot assembly, testing, marking and packaging (ATMP) plant.
The ATMP plant is where wafers made from silicon are converted into memory chips. It always includes a "cleanroom", which has near-zero dust and vibrations and where wafers go through 30 to 40 processes, including etching. The completed chips are sent to a back-end assembly and test facility before they are packaged and sold.