Micron Technology Inc to set up facilities in Hyderabad

Micron Technology Inc, a semiconductor products company is planning to invest Rs.300 million to set up a 1.8 lakh sq ft facility at Madhapur IT City. The US-based storage solutions company, with a market cap of $51 billion, will lease space in a Special Economic Zone (SEZ) that will house about 1,000 employees in the next few years. The new venture will be Micron’s largest presence in India. Currently, the company is working with the TASK (Telangana Academy for Skills and Knowledge) for their recruitment needs, besides working with tech incubators T-Hub and and T-Works.

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