Micron launches $2.7 billion Semiconductor Plant in India

25 Sep 2023 CW Team

Micron Technology Inc., a global leader in memory and storage solutions, has initiated the construction of a state-of-the-art semiconductor manufacturing facility in India, marking a significant step towards bolstering the country's semiconductor industry. This massive $2.7 billion investment promises to redefine India's role in the global tech ecosystem.

The facility, set to be located in the Indian state of Karnataka, will focus on producing cutting-edge memory and storage solutions for a variety of applications, including data centers, smartphones, and IoT devices.

This strategic move aligns with India's ambition to become a major player in the semiconductor market, reducing its dependency on imports and boosting its domestic electronics manufacturing sector.

Micron's decision to establish this advanced plant in India underscores the nation's growing importance as a global tech hub. With increased demand for semiconductors worldwide, this investment not only contributes to Micron's expansion but also strengthens India's position in the global supply chain.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..