India opens its first chip assembly facility - World

Prime Minister Narendra Modi inaugurated Micron Technology’s Semiconductor Assembly, Test and Packaging unit in Gujarat, marking a significant step towards India's goal of reducing reliance on foreign chipmakers. The facility will convert advanced semiconductor wafers into finished memory and storage products, contributing to the country's growing semiconductor market which is projected to reach $110 billion by 2030. Modi emphasized this as a turning point in India’s technology future and highlighted its strategic importance within the context of global supply chains, particularly for artificial intelligence and critical minerals.