OAKLAND, California: US memory chip firm Micron Technology said on Thursday it would invest up to US$825 million in a new chip assembly and test facility in Gujarat, India, its first factory in the country.Of that total, 50 per cent will come from the Indian central government and 20 per cent from the state of Gujarat.
Prime Minister Narendra Modi's state visit to the USMicron said construction of the new facility in Gujarat is expected to begin in 2023 and the first phase of the project will be operational in late 2024. A second phase of the project is expected to start toward the second half of the decade, it said. The two phases together will create up to 5,000 new direct Micron jobs.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Micron confirms up to $825 million investment in India chip facilityOAKLAND, California : U.S. memory chip firm Micron Technology, Inc said on Thursday it would invest up to $825 million in a new chip assembly and test facility in Gujarat, India, its first factory in the country.Micron said that with support from the Indian central government and from the state of Gujarat
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
Musk to brief Modi on Tesla's India investment plans in US meeting: ReportTesla chief executive Elon Musk will directly brief Indian Prime Minister Narendra Modi on plans to set up a manufacturing base there, a source with direct knowledge said. The meeting, the first at a high level to discuss the expansion, will take place on Tuesday during Modi's state visit to the United Sta
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
Musk to brief Modi on Tesla's India investment plans in US meeting-sourceTesla chief executive Elon Musk will directly brief Indian Prime Minister Narendra Modi on plans to set up a manufacturing base there, a source with direct knowledge said. The meeting, the first at a high level to discuss the expansion, will take place on Tuesday during Modi's state visit to the United St
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »