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India approves Micron's $2.7 billion chip factory, ahead of PM Modi's US visit

India's cabinet on Tuesday to authorized Micron Technologies 2.7 billion dollar semiconductor testing and packaging plant that's used that was based on a Reuters report quoting a senior government Source now the Reuters saw said the government granted 110 billion rupees or 1.34 billion dollars in production linked incentives for the micron facility in Gujarat.