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Date: 23rd Mar 07
India semiconductor policy is officially
announced
The India's much awaited semiconductor
policy is officially notified by the communication and IT
minister Dayanidhi Maran. It's expected at least 2 to 3 latest
semiconductor fabrication facilities will be installed in
the country. The total investment is to exceed 5 billion USD.
Intel is on the top of the list to get a proposal to invest
in India. Mr. Maran has said, he will start talking with Craig
Barrett to negotiate to invest.
The incentives offered are,
20 % capital expenditure subsidy during first 10 years if
unit is inside Special Economic Zone (SEZ), and 25% if outside
an SEZ
The minimum investment is 2500 crore Rupees for a Integrated
Circuit fabrication plant and 1000 crore Rupees for an ancillary
plant.
Government can have maximum stake of 26%.
There are also tax concessions, interest subsidies plus state
government offered incentives
Second hand equipments are barred from all these SOPs
Along with ICs, the incentives will also
cover manufacturing of LCD, plasmas, storage devices, solar
photo voltaic cells, MEMS and other nanotech products. The
assembly and testing facilities of these products also provided
with these incentives.
More India related semiconductor industry news below:
SWOT
analysis of India's electronics and semiconductor industry
India
semiconductor revenue to cross $8 billion due to localization
of manufacturing
NXP
Semiconductor's Neeraj hints on India's electronics industry
opportunities
TI;
a company with advantage to serve the Indian semiconductor
market
De
Core to soon produce white LEDs from its opto-semiconductor
fab at Noida
Best
consultants related to India's electronics and semiconductor
industry
India
Semiconductor Association suggests extending India semiconductor
policy to 2015
Karnataka
semiconductor policy recognizes 3 idiots
India
will emerge into leading position in semiconductor market
Semiconductor-manufacturing
investment flow of 23 billion USD into India
Indian
Engineers severely lack exposure to semiconductor manufacturing
India;
the blooming garden for semiconductor industry
SPEL;
India's only semiconductor assembly and test services company
grows by 14%
Wipro
ranked as number-one semiconductor global R&D service provider
India
badly needs a semiconductor fab
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