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First ISM 1 Semiconductor Projects, Including Micron, to Begin Production by February End: S Krishnan
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Micron, ISM 1 Chip Projects to Begin Production by February-End: IT Secretary
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Moneycontrol
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16-02-2026, 12:44
Micron, ISM 1 Chip Projects to Begin Production by February-End: IT Secretary
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First of 10 approved India Semiconductor Mission (ISM 1) projects to start commercial production by February-end.
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Micron will produce high-bandwidth memory (HBM) essential for artificial intelligence applications.
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India Semiconductor Mission 2.0 will boost manufacturing with continued government support.
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Recent Budget clarifies tax treatment for overseas firms establishing AI cloud and data center capacity in India.
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India aims to be a green, scalable data center hub, leveraging its large power grid and renewable energy.
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