India Approves Micron’s $2.7 Billion Semiconductor Testing Plant Ahead of PM Modi’s US Visit: Report
[ad_1] India’s cabinet has approved US chipmaker Micron Technology’s $2.7 billion (roughly Rs. 22,159 crore) plan for a new semiconductor testing and packaging unit, a senior government source said on Tuesday ahead of Prime Minister Narendra Modi’s state visit to the US. The government agreed production-linked incentives worth Rs. 110 billion ($1.34 billion) for the … Read more