The Telangana government Monday announced that US-based semiconductor-maker Micron Technology is keen on setting up shop here and would be investing over Rs 300 crore and generating direct employment for 1,000 people.
An official press release said the company would take on lease 1.8 lakh sq ft in an SEZ here, thereby making the presence of the firm largest in the country.
Micron already has presence in Singapore, Taiwan, Japan, China and Malaysia, the release said.
Senior officials of the company met Telangana Minister for IT and Industries K T Rama Rao and Principal Secretary Jayesh Ranjan, it said.
Micron would also be working with the flagship programme of the government - TASK (Telangana Academy for Skills and Knowledge) for recruiting young engineers and this would be facilitated by the government, the release said.
Also, Micron would be connecting to T-Hub and and T-Works on the innovation front, it said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
