Tata Tasks introduced on 28 January that the development of Micron Know-how’s semiconductor meeting and check facility in Sanand, close to Ahmedabad, shall be accomplished by the tip of 2025.
In line with Amit Agrawal, Venture Director at Tata Tasks, 60% of the work on India’s first semiconductor plant is full, with the remaining development anticipated to conclude by the tip of this yr.
Spanning practically 50 acres within the Sanand industrial space, the power’s development started in July final yr. Tata Tasks is constructing this Meeting, Testing, Marking, and Packaging (ATMP) plant for Micron.
Amit Agrawal, venture director of Tata Tasks, stated, “We are going to hand over this facility to Micron by December 2025 after ending civil work, mechanical, electrical and plumbing work together with engineering-related duties as per the designs given by Micron. The ultimate name to begin the plant shall be taken by Micron.”
In June 2023, the Gujarat authorities entered right into a Memorandum of Understanding with Micron to ascertain a $2.75 billion semiconductor meeting and testing facility in Sanand.
Micron said that the venture is predicted to generate roughly 5,000 direct jobs and a further 15,000 oblique employment alternatives as soon as the power turns into operational.
Unlock worthwhile alternatives daily! Unicorn Alerts gives actionable intraday buying and selling indicators for shares and futures. Don’t miss out – obtain Unicorn Alerts and begin profitable now!