Mr. Kapil Sibal
Minister of Communications & IT

“Electronic chip plants will serve India’s strategic purpose.”

Setting up of electronic chip facilities will also be of nation’s strategic purpose as chips have security implications. There are strategic sectors like atomic energy sector, space, defence and power. In all of these you need chips. There are security considerations. It will serve our strategic purpose. There are security consideration. The fabs should be [...]

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Govt. Gets Proposals Worth Rs 515 Billions To Set Up Semiconductor FAB Units In Noida And Prantij

By Srabani Sen The Cabinet on Thursday (Sep 12, 2013) gave an initial approval to set up two semiconductor wafer fabrication (fab) manufacturing facilities in the country. However, the Cabinet would now seek proposals from more chip manufacturers before giving the final nod. The Cabinet took the decision after reviewing proposals from two consortia, and [...]


Indian Govt Approves Proposal For Setting Up Two Semiconductor Fab Units

These fabs will boost R&D and innovation in the field of electronics, which will eventually help in generating 30 million jobs (both direct and indirect) in the country by 2020 [....]

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Proposal For Fab Units Will Be Taken Up By The Cabinet

Jaypee Group is spearheading one of the two project consortium. It has IBM as its technology partner, whereas the other project is led by Hindustan Semiconductor Manufacturing Corporation. Its technology partner is Geneva-based STMicroelectronics [....]


Cabinet Approves 100 Per Cent FDI In Telecom Sector

From now onwards, out of 100 per cent FDI, 49 per cent will be done through automatic route and beyond that through FIPB route. Increasing FDI limit to 100 per cent in the telecom sector will facilitate the industry in receiving fresh funds in order to lower the financial burden [....]