Hyderabad, Jan 11 (IANS): Micron Expertise President and CEO Sanjay Mehrotra met Telangana Chief Minister A. Revanth Reddy on the latter’s residence in Hyderabad on Thursday and mentioned funding prospects within the state.
In line with a press release from the Chief Minister’s Workplace (CMO), the CEO expressed happiness that the Telangana has developed as essentially the most favorite funding vacation spot and the institution of producing industries.
The Chief Minister assured Mehrotra that his authorities will lengthen all services and cooperation to the corporate to speculate and set up manufacturing models.
Revanth Reddy hoped that industrialists will come ahead for the institution of the industries, talent improvement, and employment era and assist the state to develop economically.
The US-based Micron is the world’s fourth largest semiconductor producer and the most important producer in reminiscence chips. It opened a worldwide improvement centre in Hyderabad in 2019. The centre is working out of a 5 lakh sq. toes facility at Raidurgam and homes shut to three,000 staff. The corporate had later secured 11 lakh sq. of house in Gachibowli for constructing a brand new facility.