- The MoU was signed in the presence of Electronics & Information Technology Minister Ashwini Vaishnaw and Chief Minister Bhupendra Patel
- A total of 20,000 jobs will be created with 5,000 direct and 15,000 indirect jobs
- Vice Chairman and Managing Director of GIDC Dr Rahul Gupta handsover the offer cum allotment (OCA) letter for allotment of 93 acres of land to Micron.
NE BUSINESS BUREAU
GANDHINAGAR, JUNE 28
The Gujarat government on Wednesday signed a Memorandum of Understanding with computer storage chip maker Micron for setting up a $2.75 billion semiconductor assembly and test facility at Sanand in Ahmedabad district.
Hon’ble CM, calling this a historic and momentous occasion, said that Gujarat has taken a lead in realizing Hon’ble PM Shri @narendramodi’s vision of creating ‘Atmanirbhar Bharat’ in semiconductor manufacturing and assured all possible support in implementing the benchmark MoU. pic.twitter.com/RRw0KaRVJB
— CMO Gujarat (@CMOGuj) June 28, 2023
The MoU was signed in the presence of Electronics & Information Technology Minister Ashwini Vaishnaw and Chief Minister Bhupendra Patel, a government release said.
મુખ્યમંત્રી શ્રી ભૂપેન્દ્ર પટેલ તેમજ કેન્દ્રીય મંત્રી શ્રી અશ્વિનિ વૈશ્નવની ઉપસ્થિતિમાં માઇક્રોન કંપની સાથે ગાંધીનગર ખાતે MoU સાઇનિંગ. https://t.co/mDi5ECTUVw
— CMO Gujarat (@CMOGuj) June 28, 2023
The MoU was signed by Vijay Nehra, Secretary, Science and Technology, Government of Gujarat and Gurusharan Singh, Senior Vice President of Micron.
Giving further impetus to this program during the Prime Minister’s recent visit to the United States of America, the American President announced the establishment of a Semiconductor Assembly, Test, Marking and Packaging ATMP facility in India through a significant investment by Micron Technology.
Historic day for India…
Thanks to PM @narendramodi Ji’s comprehensive semiconductor mission.MoU signed between Micron and Govt of Gujarat. pic.twitter.com/fF7zVuwAp5
— Ashwini Vaishnaw (मोदी का परिवार) (@AshwiniVaishnaw) June 28, 2023
Micron has chosen Gujarat to set up its manufacturing facility considering important factors such as robust manufacturing infrastructure, business-friendly environment and availability of well-planned talent pool along with excellent support from the state government
“Semiconducter is a foundational industry. It is used in a number of items like television screens, computers, mobile, cars and even trains,” Vaishnaw said.
A government release said that India has been dependent on the import of semiconductor chips and the demand for them will increase as the manufacturing sector in the country grows.
For the last many decades India is dependent upon import of semiconductor chips and the demand for them will increase as the manufacturing sector in the country grows, it said.
The plant at Sanand will entail a total investment of $2.75 billion (around Rs 22,540 crore), it added.
Micron’s plant has been approved under the Union government’s `Modified Assembly, Testing, Marking and Packaging (ATMP) Scheme’.
Under the scheme, Micron will receive 50 per cent fiscal support for the total project cost from the Indian government and incentives representing 20 per cent of the total project cost from the Gujarat government.
The State Government has established a dedicated organization ‘Gujarat State Electronic Mission (GSEM)’ to attract semiconductor sector industries to Gujarat and provide all necessary cooperation.
The establishment of this project will bring about a major change in the semiconductor manufacturing sector in India. A total of 20,000 jobs will be created with 5,000 direct and 15,000 indirect jobs.
This MoU signed between the Government of Gujarat and Micron Technology is a landmark moment for the country. The domestic semiconductor ecosystem will also get a boost as ancillary industries for raw materials and finished products suited to this sector are also attracted to Gujarat.
Gujarat Industrial Development Corporation has developed 45,000 hectares of land in the state with plug and play facility.
Micron has selected Sanand GIDC-II for its new ATMP facility. Sanand GIDC is a highly industrialized zone, with several reputed national and international manufacturing industries operating here.
On this occasion the Vice Chairman and Managing Director of GIDC Dr Rahul Gupta handed over the offer cum allotment (OCA) letter for allotment of 93 acres of land to Micron.
Micron will set up an assembly and testing facility within Sanand GIDC Estate, the company will focus on converting semiconductor wafers into ball grid array (BGA) integrated circuit packages, memory modules solid-state drives at this facility.
This plant at Sanand will attract other industries to Gujarat operating in the country’s semiconductor supply chain. Not only this, it will also inspire global semiconductor giants- global industrial houses to set up their hi-tech manufacturing facilities in Gujarat.
On this occasion, the Ministers of the State Government, Chief Principal Secretary to the Chief Minister Kailasanathan, Chief Secretary Rajkumar, Senior Secretaries, office bearers of Micron Company were present.
