Two India semiconductor fabs approved by Government

Setting up of two semiconductor fabrication facilities are approved by government of India. Each one of this facility is proposed by a team of companies. The one fab which is going to be established near Noida, U.P. is proposed by Jayprakash associates in partnership with IBM and ToweJazz. Technology nodes proposed by this group are 90, 65 and 45 nm nodes in Phase I, 28 nm node in Phase II with the option of establishing a 22 nm node in Phase III. The other fab that is going to come up near Gandhinagar, Gujarath is proposed by Hindustan Semiconductor Manufacturing Corporation in partnership with ST Microelectronics and Silterra. Technology nodes proposed by this group are 90, 65 and 45 nm nodes in Phase I and 45, 28 and 22 nm nodes in Phase II. Government is still open for any further proposals from other leading companies to establish chip fab in India. Comment by industry executives on chip fab in India: “Setting up of such a high value manufacturing industry as semiconductor chip fabrication will have truly transformative effect, on the overall Electronics industry. This will have a very strong multiplier effect that will result in major strides forward in the value generated from all sectors within the semiconductor ecosystem. While we eagerly await the formal news of the cabinet approval via the appropriate government sources, the historic significance o...