Ahead of the semiconductor deal, the President and CEO of Micron Technology, Sanjay Mehrotra has met Prime Minister Narendra Modi in Gujarats Gandhinagar and also discussed the US-based companys plans to boost the semiconductor manufacturing ecosystem within India.The three-day Semiconductor 2023 conference held in Gandhinagar focused on attracting investments in Indias nascent semiconductor ecosystem in the presence of the prime minister.It is the second edition of the conference organised by India Semiconductor Mission in partnership with industry and industry associations, which aims to make India a global hub for semiconductor design, manufacturing and technology development. In 202, Semicon India was held in Bengaluru.This years theme of the conference is Catalysing Indias Semiconductor Ecosystem.I thank PM Modi: Micron CEO SanjayAddressing the event, Sanjay Mehrotra, CEO of Micron Technology said, “I thank PM Modi for the vision to make India a global hub for semiconductors…Micron is committed to building a semiconductor assembly and test facility in Gujarat. We estimate that our project in Gujarat will create nearly 5000 direct jobs and additional 15,000 jobs in the community. We are hopeful that this investment will help catalyse other investments in the sector…Digital India and Make in India are creating a truly transformative energy that will continue to drive positive progress…”Last month, during PM Modis US state visit, the US-based company announced its India investment plans. Micron Technology committed that it will invest up to USD 825 million to build a new semiconductor assembly and test facility in India with support from the Centre led by PM Modi.The semiconductor company, Micron has said that it selected Gujarats SANAND Industrial Park (Gujarat Industrial Development Corporation – GIDC) due to its manufacturing infrastructure, conducive business environment and a firm talent pipeline.Phased construction of the new assembly and test facility in Gujarat is expected to begin in 2023. Micron expects Phase 2 of the project, which would include the construction of a facility similar in scale to Phase 1, to start towards the second half of the decade.Meanwhile, watch PM Modis address here: A semiconductor revolution is in the offing in India. Addressing the SemiconIndia Conference 2023. https://t.co/KhzIyPyxHt— Narendra Modi (@narendramodi) July 28, 2023
