Micron Commences Semiconductor ATMP Unit in Sanand, Gujarat

Micron Technology has initiated production at its advanced memory ATMP (Assembly, Test, Marking, and Packaging) facility in Sanand, Gujarat, India. The project represents a total investment of $2.7 billion (approximately ₹249 billion) across two phases. The company aims to scale production to around one billion units by 2027. This development is a major milestone for India's semiconductor hardware manufacturing ecosystem, directly boosting the IT hardware subsector through enhanced local production capacity and significant foreign direct investment.