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Showing posts from June, 2006

sc policy..

http://www.asianage.com/?sam=2:1:235:229571&headline=Semiconductor~policy~soon:~Maran Hyderabad, June 7: Union minister for communications and information technology, Dayanidhi Maran, said on Wednesday, that the government will be announcing its policy for the semiconductor industry in the next two weeks, even as work on India’s first semiconductor fabrication complex is expected to be launched later this month. SemIndia Fab, the company building the project, will begin the construction of a semiconductor testing and assembly unit, at an estimated cost of $100 million, Mr Vinod Agarwal, chairman and CEO of SemIndia Fab, said. The semiconductor complex is eventually estimated to cost $3 billion. ......... Mr Maran said the government was finalising the semiconductor policy keeping in mind that India could be the hub for the industry because of the increasing need for semiconductor chips in the domestic market. Asked whether the government would be investing in the equity of SemIndia