Micron Tech to begin commercial production in India by Feb-end, says IT secy
This story was originally published at 13:54 IST on 16 February 2026
Register to read our real-time news.Informist, Monday, Feb. 16, 2026
NEW DELHI – US-based Micron Technology will begin commercial production at its semiconductor facility in Gujarat, which had availed financial assistance from the government under the India Semiconductor Mission, by the end of February, Ministry of Electronics and Information Technology Secretary S. Krishnan said Monday. Nine more semiconductor facilities, under the Mission, are also expected to begin production by the end of this year, Krishnan added.
After the success of the India Semiconductor Mission, launched in 2022, the government had announced the rollout of the India Semiconductor Mission 2.0 in the Budget for 2026-27 (Apr-Mar). Under the Semiconductor Mission 2.0, the government will continue its focus on semiconductor chip design and provide support to strengthen manufacturing capabilities, Krishnan said at the India AI Impact Summit here.
Krishnan mentioned that FY27 Budget has clarified tax treatment for overseas firms setting up AI cloud and data centre capacity in India for global operations. This will make India more attractive as a destination for large-scale compute infrastructure, Krishnan said. End
Reported by Krity Ambey
Edited by Tanima Banerjee
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
