vaishnaw: Government in talks with multiple semiconductor companies for major investments over the next one year: Ashwini Vaishnaw

On Friday, US memory-chip maker Micron Technology announced it would set up an outsourced semiconductor assembly and testing plant at Sanand in Gujarat entailing an investment of $2.75 billion. Of this, Micron will invest $825 million, while the rest will be a combination of incentives from the central and state governments.

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