Micron starts getting funds from Indian govt under semiconductor PLI scheme

The government initiated disbursement under the PLI scheme to Micron Technology, with Tata to follow. This move supports India's semiconductor sector, with Micron and Tata starting pilot manufacturing. Full-scale production for Micron is expected by December 2025, and Tata's main plant in Assam will take about three years to complete, aiding local manufacturing and investment.