ECONOMY & INFRASTRUCTURE
Infrastructure Projects
Micron’s Semiconductor Assembly Facility Commences Operations in Sanand, Gujarat
Prime Minister Narendra Modi officially opened the Semiconductor Assembly, Test and Packaging (ATMP) plant in Sanand, Gujarat.
Operated by the Indian arm of Micron Technology, this project represents the first proposal approved under the India Semiconductor Mission (ISM).
The facility involves a significant total investment exceeding ₹22,500 crore, aimed at bolstering India's domestic electronic manufacturing capacity.
Strategic Value: This plant is a critical step toward making India a global hub for semiconductor production, reducing reliance on imports for electronic 'brains'.
Operated by the Indian arm of Micron Technology, this project represents the first proposal approved under the India Semiconductor Mission (ISM).
The facility involves a significant total investment exceeding ₹22,500 crore, aimed at bolstering India's domestic electronic manufacturing capacity.
Strategic Value: This plant is a critical step toward making India a global hub for semiconductor production, reducing reliance on imports for electronic 'brains'.
Key Facts / Static GK
India Semiconductor Mission (ISM) Launch Year: 2021
Total ISM Incentive Package: ₹76,000 crore
Micron Technology Headquarters: Boise, Idaho, USA
Total ISM Incentive Package: ₹76,000 crore
Micron Technology Headquarters: Boise, Idaho, USA
Practice Quiz — 2 March 2026
Q1. Who has been appointed as the interim head to manage the daily operations of Fino Payments Bank following the arrest of its CEO?
Answer: (B) Ketan Merchant — Ketan Merchant, who serves as the Chief Financial Officer (CFO), has been appointed as the interim head of Fino Payments Bank after the arrest of MD & CEO Rishi Gupta.
Q2. Which South Korean filmmaker has been appointed as the President of the Main Competition Jury for the 79th Cannes Film Festival?
Answer: (B) Park Chan-wook — Park Chan-wook is the first South Korean filmmaker to be selected to lead the main jury at the Cannes Film Festival.
Q3. Regarding the recently inaugurated semiconductor ATMP facility in Gujarat, which of the following statements is correct?
Answer: (C) It is the first proposal approved under the India Semiconductor Mission. — The Sanand facility by Micron Technology is indeed the first proposal approved under the India Semiconductor Mission (ISM) with an investment of over ₹22,500 crore.
Q4. Which authority launched the 'Government Bank Dashboard' and 'Government Bank Manual' to improve governance in handling government funds?
Answer: (C) Controller General of Accounts (CGA) — T.C.A. Kalyani, the Controller General of Accounts (CGA), launched these two initiatives to standardize banking procedures for government business.
Q5. From which country were the nine cheetahs recently brought to Kuno National Park in March 2026?
Answer: (C) Botswana — As per the announcement by Union Minister Bhupender Yadav, nine cheetahs were brought specifically from Botswana to Kuno National Park.
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