Commerce and Industry Minister Piyush Goyal recently engaged in discussions with Micron Technology CEO and President Sanjay Mehrotra during his visit to the US for the Indo-Pacific Economic Framework (IPEF) meeting in San Francisco. The talks centred around exploring business prospects within India’s burgeoning semiconductor sector.
Micron Technology, a US-based semiconductor company, is in the process of establishing India’s inaugural chip facility in Gujarat. This initiative is anticipated to generate 5,000 direct jobs and 15,000 indirect employment opportunities in the foreseeable future. In June, the Indian government granted approval for Micron’s USD 2.7 billion semiconductor test and packaging unit project.
Minister Goyal expressed the significance of the meeting in a social media post, stating, “Met Mr. Sanjay Mehrotra, CEO & President of @MicronTech. Discussed how India’s growing semiconductor ecosystem presents vast opportunities for the company to collaborate & expand its footprint in the country.” Additionally, he held discussions with YouTube CEO Neal Mohan, emphasizing the substantial opportunities for YouTube to extend its collaboration and presence in India.
Source: moneycontrol