DeshGujaratHD's video: India s first Semiconductor plant Gujarat govt Micron ink MoU

Gandhinagar: Memorandum of Understanding (MoU) was signed for setting up a semiconductor plant in Gujarat. The plant of assembly and testing of chips shall come up in Sanand near Ahmedabad. MoU was signed between the Government of Gujarat and the U.S.-based Micron company which is a pioneer in the manufacturing of memory chips. Speaking on the occasion, Micron’s Gursharan Singh said the upcoming facility in GIDC Sannad will be a fully integrated one in which Wafers shall be in and finished DRAM and RAM products shall be out. Speaking at the function, union minister Ashwini Vaishnav said – it’s a historic day for which the country waited for 40 years. Initial efforts for this were made in the 1980s, but they didn’t achieve success. Efforts were also made in the 1990s to bring in a well-known semiconductor company to India. In 2005-2006 also major attempts were made but they remained unsuccessful. Finally, it’s PM Narendra Modi who happens to make many important things happen, and it’s happening now. Vaishnav said, for a country, industries such as the steel industry, plastic, and chemical industries are very important. Many other industries survive on these industries. The semiconductor industry is the same way important in today’s time. There’s no important thing nowadays that can be made without semiconductors. In a mobile phone, there are many chips. In fact, it’s a basic material for that. In cars, there are thousands of chips. In each train, 10,000 to 20,000 chips are fitted. You pick up any product and you find the requirement of a semiconductor in it. We import Rs. 3 lakh crore worth of chips in India. Out of that 1 lakh crore worth of chips are for memory that Micron manufactures. Micron is the fifth largest maker of that. It’s a big step today in order to make India self-reliant in the field of memory chips, he said. Vaishnav said, – when we went to PM for the presentation for the first time, the allotted time was one hour but it went on for 2.45 hours. The PM would ask questions on each point. Then the other presentation also happened. The PM would look at the presentation with minute details. 15 departments of the Government of India have coordinated and worked for this to make happen. It’s a complex process but it has been brought to a logical end and it is the identity of the current India. In the same way, various departments of Gujarat have also worked jointly. The Advanced Pricing Agreement in this case was completed within five months. It would take years in many other countries. Currently pegged at 650 billion dollar worth, the industry of chips will go up to the level of 1 trillion dollars. India can take benefit of it. The industry will need 1 million talent. We are committed to developing 80,000 talents in semiconductor policy. Within one year 104 universities are roped in through tie-ups. Talent, green energy, and lower cost are major strengths of manufacturing in India. I went to the U.S. and met with around 45 chip companies. All said in one voice that India is going to be the next hub of chips making. Against Rs. 140 cost of making chips in rich nations, the cost in India is just Rs 80. Vaishnav also admired the Gujarat government for fast approvals and clearances to the project. He pointed out that the Chief Minister signed the documents in the time of the cyclone standing on his feet. In only six days, land allocation, project approval and MoU signing happened. The Chief Minister speaking on this occasion stated that Gujarat will become the first state to make chips in India. It’s a matter of pride, he added. He further added that 5,000 direct and 15,000 indirect jobs will be created through the arrival of Micron in the State. The Chief Minister assured all cooperation for the project. DeshGujarat