▶ five months, and 22 days after Prime Minister Narendra Modi’s Cabinet unveiled the production-linked incentive (PLI) scheme to boost the semiconductor ecosystem in India, news came of a company committing to build a $2.7-billion assembly and testing unit in Gujarat. This isn’t the first such application received under the scheme. What makes it special is the company involved: US-headquartered Micron Technology, which makes its own chips and packages, tests
