Micron Focuses on India as a Key Component of Future Growth Strategy

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Micron Focuses on India as a Key Component of Future Growth Strategy

Micron, a leading memory chip manufacturer based in the United States, has identified India as a crucial element in its future growth strategy. The company first ventured into the Indian market in 2018 and has since expanded its operations, particularly focusing on research and development efforts in Hyderabad. In 2019, Micron further solidified its presence in India by initiating the establishment of an ATMP facility in Sanand, Gujarat.

Naga Chandrasekaran, the Senior Vice President of Technology Development at Micron, emphasized the significance of global diversity in talent and innovation. He underscored the belief that harnessing different thoughts and experiences from around the world, including India, plays a key role in driving Micron's innovation engine and ultimately contributing to its success. With over 3500 team members at Micron’s R&D Center in Hyderabad, the company stands out for its unique approach to R&D, combining design innovations with NAND assessments and advanced material science device modeling.

Looking ahead, Chandrasekaran expressed the company’s commitment to advancing R&D investments in India. Micron's focus on driving technological advancements for memory in smartphones and NAND for data centers and client applications has led to notable developments at its Hyderabad R&D facility. As Micron continues to witness the positive impact of its team in India delivering industry-leading products, the company is poised to increase investments, build a stronger team, and further enhance its innovation capabilities in the country. With a global workforce of about 44,000, Micron aims to expand its presence in India, where approximately 4000 team members are currently employed, indicating the company's dedication to future growth and development in the region.