Micron Technology announces to set up $2.75 Billion semiconductor facility in India, day after PM Modi meets CEO Sanjay Mehrotra in US
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Micron Technology on Thursday announced to set up a new $2.75 billion semiconductor assembly and test facility in Gujarat, a day after Prime Minister Narendra Modi met Sanjay Mehrotra, the Indian-American President and CEO of Micron, in Washington DC during his state visit to the US. Micron's investment will be up to $825 million over the two phases of the project and will create up to 5,000 new direct Micron jobs.
