Semicon India 2023: Micron ready to set up country’s first semiconductor plant, will be exported worldwide.
India is laying heavy emphasis on manufacturing to design of semiconductors to become a trusted and leading partner in the global value chain. Because of this, apart from Foxconn, other big foreign companies are also showing interest in India’s semiconductor ecosystem. Moving forward in this series, while the American semiconductor maker Micron Technology is going to set up the country’s first chip manufacturing plant in Gujarat at a cost of $ 2.75 billion, on the other hand, Advanced Micro Devices (AMD), another American multinational semiconductor manufacturer, Has also announced an investment of $ 400 million (about Rs 3,300 crore) in India in the next 5 years.
Micron Technology CEO Sanjay Mehrotra said on Friday at the Semicon India Conference-2023 being held in Gandhinagar in the presence of Prime Minister Narendra Modi that the company is ready to set up India’s first semiconductor manufacturing plant in Gujarat. This will generate a total of 20,000 jobs in the coming years. These include 5,000 direct and 15,000 indirect jobs. Foreign demand will also be met from this plant. This investment is expected to increase manufacturing-employment generation in the chip sector with a boost to investment in other sectors, he said.
Have full faith in Indian talent pool: AMD
We opened our first office in Delhi in 2001, said Mark Papermaster, AMD Executive Vice President. Starting with a few employees, 6,500 engineers and other staff are working in the office. The company has continuously expanded its operations in India. Local leadership and highly skilled talents have contributed significantly in establishing it on a strong foundation. He said, he will continue to work to increase innovation while supporting India’s semiconductor mission.
New campus will start this year
AMD’s new campus in Bangalore will be operational by the end of this year. It will have spacious laboratories, state-of-the-art technology-based collaboration tools and specialized seating arrangements for engineers to enhance teamwork. With this, the company will have 10 offices in India.
Four-five semiconductor plants expected to start in a year: Vaishnav
Information Technology Minister Ashwini Vaishnav said that semiconductor is needed in every sector of the economy. The demand for electronics is increasing. Hence, India is stressing on all key elements from chip design to manufacturing. Four-five chip plants are expected to be set up in a year.
Skilled chip engineers and researchers will get many opportunities: Chandrasekhar
Minister of State for Information Technology and Electronics Rajeev Chandrasekhar said the India-AAMD partnership will help build a world-class chip design and innovation ecosystem. Skilled chip engineers and researchers will find many opportunities. This will establish India as a global talent hub.
