India to break ground on first chip plant in Aug, start production by year-end
India plans to kick off production of its first domestically manufactured microchips by the end of 2024. Information technology minister Ashwini Vaishnaw said Micron Technology would begin construction on a $2.75-billion chip assembly and test facility in Gujarat next month.
India plans to break ground on its first semiconductor assembly plant in August and kick off production of its first domestically manufactured microchips by the end of 2024, as per a report published on July 5.Information technology minister Ashwini Vaishnaw said Micron Technology would begin construction on a $2.75-billion chip assembly and test facility in Gujarat next month, the newspaper reported.“This is the fastest for any country to set up a new industry,” Vaishnaw said in an interview with the newspaper.
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