It showcases India’s emergence as a preferred investment destination and bolsters the “Make in India” initiative. Micron Technology’s prospective investment in India’s chip packaging plant signifies a significant milestone for both sides. The investments also signify the growing recognition of India and Japan as key players in the semiconductor industry. These strategic moves reinforce Micron’s commitment to diversifying its operations and strengthening global supply chains. In addition to the investment in India, Micron recently secured financial support for a US$3.6 billion next-generation plant in Japan. By expanding its manufacturing footprint in India, Micron seeks to reduce its dependence on the Chinese market while tapping into India’s vast consumer base and skilled workforce.ĭr Vivek Lall: Architect of Strengthened India-US Defence Relations ![]() Micron’s investment in India comes on the heels of a Chinese ban on the use of Micron chips in critical infrastructure, posing challenges for US chipmakers in the world’s largest semiconductor market. US National Security Adviser Jake Sullivan had earlier this week emphasized the importance of advancing technological collaboration during his visit to New Delhi, highlighting the shared goals of both countries. The potential investment by Micron not only solidifies bilateral relations but also strengthens key supply chains that are crucial for both nations. Removing barriers to technological trade between India and the United States is a key objective of Prime Minister Modi’s state visit. Strengthening Indo-US Technological Trade ![]() Not just ‘nuts and bolts’, but BrahMos, drones to be made in UP def corridor: Rajnath Singh
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