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http://www.rediff.com/login/redirect.php?url=/money/2006/mar/25chip.htm%3Fq%3Dbp%26file%3D.htm&tz=300 Chipmakers to get sopsGaurie Mishra in New Delhi March 25, 2006 04:22 IST Semiconductor manufacturing facilities with an investment of at least $1 billion in India will be entitled to financial support from the government either in the form of equity support or concession loans. This proposal, one of the many in the draft semiconductor policy prepared by the department of information technology, also provides for a 15-year tax break to manufacturers. While the tax exemptions will be 100 per cent for the first ten years, they will be extended for another five years if the units plough back profits. "The draft policy on semiconductors has been finalised by the department of IT and will soon be sent to a high-powered committee of several ministries. The proposed policy allows manufacturers to avail of government support only after they provide a minimum support of $1 billion for...