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Date: 27th Feb 07
New semiconductor policy of India to
boost the morale of Indian electronic engineers
We the electronics engineers; keep tracing
the circuit path overnight for fault detection, watch signals
on scopes more than watching TV, burn hands by accidentally
touching the soldering iron can hope for a better reward and
compensation by reading into latest announcement made by Dept.
of Information Technology.
Our semiconductor policy with some attractive incentives for
both oversea and local investors has been announced.
The sops will cover not only for semiconductors
but also for liquid crystal displays, organic light emitting
diodes, plasma display panels, and any other emerging displays,
storage devices, solar cells, other advanced micro and nano
technology products, assembly and test.
Some of the incentives are Special Economic
Zone (SEZ) status, 25% investment subsidy, and tax breaks.
State governments may also add further incentives to pull
the investors.
All these years, we used to depend on the
chips whose lifecycle is in control of some other region's
market. Now with a fab in India, they got to make ICs exclusively
for us and reach us faster than imported chips. Now, even
the offshore semiconductor manufactoring companies might give
better support to us, particularly to small and medium enterprises.
Does Mr. Ratan Tata and Mr. Azim Premji
thinking of Tata Semiconductors and Wipro Semiconductors respectively?
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