Micron plant groundbreaking in 4-6 weeks, says IT minister
Technology

Micron plant groundbreaking in 4-6 weeks, says IT minister

Ashwini Vaishnaw, Communications and IT minister, informed that Micron's India plant is scheduled to commence groundbreaking for its semiconductor factory within the next four to six weeks. The Gujarat government has allocated land for the project to the company. Vaishnaw noted that the first 'Make in India' chip is expected to be manufactured at Micron's assembly and testing facility in Sanand, Gujarat, by December 2024. This announcement follows the semiconductor packaging major's recent investment of $ 825 million in India.

Vaishnaw stated during an event that the manufacturing of the first 'Make in India' chip would take place at the aforementioned factory by December 2024. He also mentioned that under the domestic semiconductor Design Linked Incentive Scheme (DLI), five design companies have received approval, two of which will focus on telecom for beam formation and satellite communication. In addition, significant progress has been made in talent development, with the ministry partnering with 104 universities. As a result, the course for semiconductor manufacturing has commenced in 310 colleges.

The minister of communication highlighted that the government has already invested around Rs 16 billion in telecom manufacturing. Consequently, the country has become a technology exporter, with exports to 12 countries including the US. The government has also approved an allocation of ₹380 billion to expand the country's 4G coverage from 99% to 100%. Additionally, Vaishnaw stated that the country ranks among the top three 5G ecosystems globally.

Also read:
Final layout for legalisation of colonies in the Indore pub
Shivalik Group achieves sales in GIFT City


Ashwini Vaishnaw, Communications and IT minister, informed that Micron's India plant is scheduled to commence groundbreaking for its semiconductor factory within the next four to six weeks. The Gujarat government has allocated land for the project to the company. Vaishnaw noted that the first 'Make in India' chip is expected to be manufactured at Micron's assembly and testing facility in Sanand, Gujarat, by December 2024. This announcement follows the semiconductor packaging major's recent investment of $ 825 million in India. Vaishnaw stated during an event that the manufacturing of the first 'Make in India' chip would take place at the aforementioned factory by December 2024. He also mentioned that under the domestic semiconductor Design Linked Incentive Scheme (DLI), five design companies have received approval, two of which will focus on telecom for beam formation and satellite communication. In addition, significant progress has been made in talent development, with the ministry partnering with 104 universities. As a result, the course for semiconductor manufacturing has commenced in 310 colleges. The minister of communication highlighted that the government has already invested around Rs 16 billion in telecom manufacturing. Consequently, the country has become a technology exporter, with exports to 12 countries including the US. The government has also approved an allocation of ₹380 billion to expand the country's 4G coverage from 99% to 100%. Additionally, Vaishnaw stated that the country ranks among the top three 5G ecosystems globally. Also read: Final layout for legalisation of colonies in the Indore pub Shivalik Group achieves sales in GIFT City

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement