Micron Signs MoU With India to Build First Semiconductor Plant in Gujarat

US memory chip firm Micron Technology on Wednesday signed a memorandum of understanding with the Indian government to build a semiconductor plant, its first factory in the country. Micron said last week it will invest up to $825 million (nearly Rs. 6,850 crore) in the facility. With support from the Indian central government and the state of Gujarat, the total investm...

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