Micron India plant to make chips next year
Mint Mumbai|June 24, 2023
The first semiconductor chip from US-based Micron Technology Inc.’s plant in India will roll out by December 2024, said Ashwini Vaishnaw, minister for railways, electronics, IT and telecom.
Gulveen Aulakh
Micron India plant to make chips next year

NEW DELHI: “The first semiconductor unit of India will be set up by Micron Technologies... We’re hopeful that within the next six quarters, we should have the first made-in-India semiconductor chip rolling out of this factory," Vaishnaw said in an interview. “Micron leads the memory chip manufacturing used by laptops, mobiles, servers, electric vehicles and telecom equipment and is the fifth largest semiconductor company in the world. So, it’s a very big endorsement of our semiconductor program," he added.

Meanwhile, companies that submitted their applications last year under the $10 billion financial incentive scheme have been asked to reapply.

Denne historien er fra June 24, 2023-utgaven av Mint Mumbai.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra June 24, 2023-utgaven av Mint Mumbai.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA MINT MUMBAISe alt
Mint Mumbai

Viksit Bharat needs big plans and coordinated action

Let's transform manufacturing and agriculture, decarbonize the economy and unleash growth led by women

time-read
3 mins  |
November 19, 2024
Indonesia will need to tread a fine line after T rump's return
Mint Mumbai

Indonesia will need to tread a fine line after T rump's return

Jez/farms relations with China mustn,t send out the wrong signals

time-read
3 mins  |
November 19, 2024
What if Donald Trump keeps his promises on economic policy?
Mint Mumbai

What if Donald Trump keeps his promises on economic policy?

The 2024 US election is one of those rare instances where there is palpable fem that the winner will actually follow through

time-read
3 mins  |
November 19, 2024
Mint Mumbai

The Indian state is still to fully unshackle our economy

Economic success needs the state to function as an enlightened referee and be less statist

time-read
3 mins  |
November 19, 2024
Mint Mumbai

Let's tackle the harsh realities of mental health at the workplace

Ensure an inclusive work environment with policies of reasonable accommodation and support

time-read
3 mins  |
November 19, 2024
Hypersonic weapons in the age of A!: Be careful
Mint Mumbai

Hypersonic weapons in the age of A!: Be careful

Indias hypersonic missile marks a leap and updates its nuclear deterrence. But dangers lurk in the global race for these speedy and sneaky weapons, wit/z AI -use posing new risks

time-read
2 mins  |
November 19, 2024
Mint Mumbai

How working abroad gives young Indians a wealth edge back home

Working overseas gives them the advantage to earn in stronger currencies and benefit from exchange rates

time-read
5 mins  |
November 19, 2024
Mint Mumbai

FALLING MARKETS ARE JUST WHAT YOU NEED: HERE'S WHY

For some of you, a market downturn may be an ideal time for a complete financial reset

time-read
2 mins  |
November 19, 2024
Mint Mumbai

Remitting foreign fund: Tax implication for NRI

I will be moving back to India in FY25. Do I need to bring the money I earned abroad with me? If yes, will it be taxed? If no, what will be the tax implications in India in the future?

time-read
1 min  |
November 19, 2024
BOREDOM: THE INVISIBLE CAUSE OF RISING ATTRITION
Mint Mumbai

BOREDOM: THE INVISIBLE CAUSE OF RISING ATTRITION

They deliver on the job, but many employees are just going through the motions with one eye on the exits

time-read
8 mins  |
November 19, 2024