Micron Technology to invest USD 825 million in India
Leader in innovative memory and storage solutions Micron Technology has plans to invest USD 825 million in a new chip assembly and test facility in Gujarat. This would be its first factory in India.
In a statement, the firm said with support from the Indian central government and from the state of Gujarat, the total investment in the facility will be USD 2.75 billion. Of that total, 50% will come from the Indian central government and 20% from the state of Gujarat.
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