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News >> Technology >>
India maps chip strategy, talks with Intel
By agencies
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Friday, 10 February 2006, 20:30 IST
BANGALORE: India is fashioning chip-making strategy that draws on Asian and European models but will seek to leverage its strengths in other electronics sectors.
In order to encourage electronic manufacturing, especially semiconductor, hard disk drives and DVDs, the Government of India is also working on a policy, said Dayanidhi Maran, Union Minister for Communications and Information Technology.
He said that the ministry is in continues talk with Intel Corp., which plans to establish a test facility in the country. We are meeting Intel executives next week to discuss the company's manufacturing plans. Other companies have also approached the Government about their interest in setting up a fab," Maran said.
Indias proposed semiconductor manufacturing complex, FabCity, will be set up in Hyderabad. The $3 billion facility proposed by SemIndia, Inc. (Palo Alto, Calif.), which will partner with AMD, will be located within the FabCity complex, said Maran.
SemIndia has lined up $1 billion in investments for the project's first phase. The Government may also invest in the project. The Government is now studying a proposal from SemIndia on what it can do for the project, Maran added, hinting that a public-private initiative is likely.