The groundbreaking ceremony of Micron Technology Sanand Semiconductor Testing and assembling plant was performed on 23-09-2023.
Micron selected the state of Gujarat due to its manufacturing infrastructure, conducive business environment and a well-established talent pipeline in the SANAND Industrial Park.
The construction would be carried out in phases. Phase 1 will include 500,000 square feet of planned cleanroom space, it will start to become operational in late 2024, and Micron will ramp capacity gradually over time in line with global demand trends. Micron expects Phase 2 of the project, which would include construction of a facility similar in scale to Phase 1, to start towards the second half of the decade.
Micron’s Sanand Investment
Micron technology Sanand Complex will see an investment of $825 million in two phases. It will create 5,000 Micron jobs and 15,000 community jobs in the coming years. Micron Technology will get 50% fiscal support from the central government and 20% incentives from Gujarat state. The incentives are provided under the “Modified Assembly, Testing, Marking, and Packaging (ATMP) Scheme.” The total investment, with government contributions, will reach $2.75 billion. This support aids in funding the project, providing semiconductor infrastructure, and fostering innovation and talent development.
Micron’s plans are part of the company’s strategy to meet expected long-term demand for memory and storage across markets. And complement the company’s global assembly and test network. Micron Technology’s new facility will focus on transforming wafers into ball grid array (BGA) integrated circuit packages, memory modules and solid-state drives.
Micron will build and operate the assembly and test facility in accordance with the company’s sustainability goals. It will be in line with local and global environmental commitments. Micron facility will meet or exceed Leadership in Energy and Environmental Design (LEED) Gold standards. Additionally, the facility will use advanced water-saving technologies to enable Zero Liquid Discharge.
About Micron Technology, Inc.
Micron Technology is an industry leader in innovative memory and storage solutions. With a relentless focus on its customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through its Micron® and Crucial® brands. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.