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Micron's India-Made Semiconductor Chips Set To Hit Global Markets In 2025

Updated: May 01, 2024 12:55:22pm
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Micron's India-Made Semiconductor Chips Set To Hit Global Markets In 2025

New Delhi, May 1 (KNN) In a significant development for India's semiconductor ambitions, Micron Technology's semiconductor packaging unit in Sanand, Gujarat, is poised to roll out the country's first domestically produced chips in the first half of 2025.

According to Anand Ramamoorthy, Managing Director, Micron India, the majority of these chips will be exported right from the outset, reported Mint.

Ramamoorthy expressed confidence in the quick turnaround time, stating, "We expect to have products roll out early next year, in the first half, which is a very good turnaround given that we had announced this whole engagement in the middle of last year."

He emphasised that no factory in India would cater solely to the domestic market, with a small portion allocated for local consumption and the bulk destined for export markets.

The chips produced at the Sanand facility could find applications across various sectors, including data centres, smartphones, notebooks, and the Internet of Things (IoT).

However, the specific allocation to different verticals will be determined closer to final production, based on factors such as turnaround time, pricing dynamics, customer needs, and inventory positions.

Micron is also exploring new opportunities in the Indian market, such as two-wheeler electric vehicles and government contracts.

Additionally, the company is open to potential partnerships with the Tata Group's semiconductor fabrication units planned for Assam and Gujarat, as some Tata companies are already Micron customers.

To strengthen the semiconductor supply chain in India, Micron is in discussions with vendors to establish their operations in the country.

One of its key suppliers, Simmtech, a substrate manufacturer, has already begun setting up operations in the same location as Micron's plant in Gujarat.

Ramamoorthy stated that Micron's suppliers would not solely cater to the company's Indian operations but would also serve its global facilities.

He emphasised Micron's role in showcasing its supplier and vendor network while working with the government to secure support and incentives for these companies.

Over the next four to five years, Micron expects to generate 5,000 direct and 15,000 indirect jobs through its Indian operations, in addition to the existing workforce of over 4,000 employees at its research and development centres in Hyderabad and Bengaluru.

(KNN Bureau)

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