India Approves Micron's $2.7 Billion Semiconductor Testing Plant Ahead of PM Modi's US Visit: Report

India's cabinet has reportedly approved Micron Technology's $2.7 billion (roughly Rs. 22,159 crore) plan for a new semiconductor testing and packaging unit in Gujarat. The government agreed with production-linked incentives worth Rs. 110 billion ($1.34 billion) for the plant

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