Press Esc to close
Saturday 23 May 2015
News updated at 9:12 AM IST
Weather
Max: 31.5°C
Min : 22.8°C
In Bengaluru
Sunny day

Govt has received proposals for two semiconductor fabs: Sibal

New Delhi, Mar 18, 2013 (PTI)
PTI Image

Telecom Minister Kapil Sibal today said the government has received two proposals for setting up semiconductor manufacturing plants in the country and they will be sent to the Cabinet in the next two weeks for consideration.

"We have received two proposals to set up semiconductor manufacturing plants in India which will go to Cabinet in two weeks," Sibal told reporters here on the sidelines of CII's IT Summit.

The investment envisaged for the two units is around Rs 25,000 crore. The exact level of government support for these plants will be decided through negotiation with the chip makers.

The fabs are expected to bootstrap innovation and R&D, especially in the area of electronics which will help generate about three crore jobs (direct and indirect) by 2020.

The government has announced zero customs duty for the equipment required for setting up of the semiconductor (electronic chips) plants.

Sibal also said the Cabinet will consider the Electronics Delivery of Services Bill this evening.

"Today, in the evening, we have Cabinet meet where Electronics Delivery of Services Bill will come up for consideration. Just to be sure that the state governments notify the (government) services that they will provide electronically in next 5 years," Sibal said.

State governments will get additional three years, at the end of five years, to ensure all services are provided electronically, he said.

"That does not mean that services will not be available manually as infrastructure is built all electronically services should be provided electronically. That will answer allegation of corruption. This will bring transparency," Sibal added.


Go to Top

Photo Gallery
Guru Arjun Devji's martyrdom day...

Guru Arjun Devji's martyrdom day...

People admire at a part of bronze statue of Lachit Borphukan...

People admire at a part of bronze statue of Lachit Borphukan...

Youths pelt stones at the police during a protest...

Youths pelt stones at the police during a protest...

Students celebrate their success in the West Bengal...

Students celebrate their success in the West Bengal...

Young girls shelter under an umbrella during heavy rains...

Young girls shelter under an umbrella during heavy rains...

Kashmiri Muslims cry and pray upon seeing a relic of Prophet Mohammed...

Kashmiri Muslims cry and pray upon seeing a relic of Prophet Mohammed...

Defence Minister Manohar Parrikar and Army Chief General Dalbir Singh Suhag...

Defence Minister Manohar Parrikar and Army Chief General Dalbir Singh Suhag...

Nomads during seasonal migration from Jammu province...

Nomads during seasonal migration from Jammu province...

Bollywood actors Lauren Gottlieb, left, and Jackky Bhagnani...

Bollywood actors Lauren Gottlieb, left, and Jackky Bhagnani...

Irate mob torch a truck after it killed a man...

Irate mob torch a truck after it killed a man...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523