India will break ground next month on its first semiconductor assembly plant and begin producing its first domestically manufactured microchips by the end of 2024, the Financial Times reported on Wednesday.

India’s information technology minister, Ashwini Vaishnaw, said Micron Technology would start construction in August on a $2.75 billion chip assembly and test facility in Gujarat, the newspaper reported.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Candy Crush Saga hits $20 billion revenue milestone, maker King says

LONDON: Candy Crush Saga, the matching game played by millions on their…

Alibaba tells Erdogan it plans to invest $2 billion in Turkey

ISTANBUL: Chinese e-commerce giant Alibaba Group Holding Ltd has told Turkish President Tayyip…

Microsoft Paint will soon get background removal tool

Starting today, Microsoft is rolling out a background removal tool for the…

More TikTok users turning to the app for news

The percentage of TikTok users who regularly access news via the app…