Micron Technology is set to roll out its first batch of semiconductor chips manufactured in India from its Sanand facility in Gujarat by early 2025, the company's India managing director Anand Ramamoorthy, in an interaction with Economic Times. This move is part of a broader strategy to cater to global demand, with a significant portion of the output intended for export markets.
The Sanand unit is focused on exporting chips and is expected to serve multiple sectors, including data centers, smartphones, notebooks, internet-of-things devices, and the automotive industry.
The emphasis is on agility and addressing talent scarcity in niche sectors like cybersecurity as the company prepares for this significant step in semiconductor manufacturing. This development is a part of India's growing semiconductor industry and is expected to contribute to the global supply chain diversification efforts.
The plant will focus on the assembly and test manufacturing for both DRAM and NAND products. The facility is part of Micron's strategy to meet long-term global demand for memory and storage, complementing the company's global assembly and test network.
This development is a testament to India's growing capabilities in the high-tech manufacturing sector and its potential to contribute to the global semiconductor supply chain.
The semiconductor chips to be packaged at Micron's Sanand unit in Gujarat are intended for a wide range of applications and will primarily be used in Data Centers, Smartphones, Notebooks, Internet-of-Things (IoT), Automotive Segments (ADAS).
Idaho based Micron's product range includes DRAM, flash memory, and SSDs, marketed under brands like Ballistix Gaming and Crucial.
In 2023, Micron reported a revenue of US$ 15.54 billion. The company employs around 43,000 people worldwide. Micron has been instrumental in several technological advancements, including the development of atomic layer deposition high-k films for DRAM and pioneering pitch double-patterning for NAND flash memory.
Besides Micron, Indian conglomerates – Tata and Vedanta, are also setting up semiconductor chips manufacturing plants in the country.
Collaborating with a Taiwanese partner, Tata is planning to set up India's first semiconductor fabrication plant in Gujarat's Dholera. The project is estimated to cost Rs 91,000 crore and aims to produce 300 crore chips annually for various sectors.
While, Vedanta has announced a $20 billion investment in technology, electronics, and glass businesses over the next four years, which includes semiconductor manufacturing.
Interestingly, even cricket icon Sachin Tendulkar has invested in a semcon company called RRP Electronics which is investing Rs. 5,000 crore in a semiconductor facility, contributing to the 'Make In India' initiative.
In addition to these, companies like Tata Elxsi, Dixon Technologies, Moschip Technologies, and SPEL Semiconductor Limited are also involved in the semiconductor sector and are considered key semiconductor stocks in India.
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