Press Esc to close
Wednesday 31 August 2016
News updated at 8:58 AM IST
Weather
Max: 21°C
Min : 25°C
In Bengaluru
Cloudy sky

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
Activists of All Bodo Student's Union protesting to demand the creation of a separate state...

Activists of All Bodo Student's Union protesting to demand the creation of a separate state...

Rajiv Gandhi Khel Ratna awardee gymnast Dipa Karmakar and Dronacharya award winner coach...

Rajiv Gandhi Khel Ratna awardee gymnast Dipa Karmakar and Dronacharya award winner coach...

A newly inducted Provincial Armed Constabulary (PAC) personnel quenching his thirst...

A newly inducted Provincial Armed Constabulary (PAC) personnel quenching his thirst...

A view of decorated Shivalinga at Somnath on Tuesday...

A view of decorated Shivalinga at Somnath on Tuesday...

Workers transport an idol of Hindu god Ganesh on a cart ahead of the Ganesh Chaturthi festival...

Workers transport an idol of Hindu god Ganesh on a cart ahead of the Ganesh Chaturthi festival...

Actress Katrina Kaif during a promotional event for her film 'Baar Baar Dekho' in Jaipur...

Actress Katrina Kaif during a promotional event for her film 'Baar Baar Dekho' in Jaipur...

Former Australian cricketer Glenn McGrath poses during a promotional event in Kolkata...

Former Australian cricketer Glenn McGrath poses during a promotional event in Kolkata...

Victor Banerjee with actress Raima Sen and Argentinian film director Pablo Cesar...

Victor Banerjee with actress Raima Sen and Argentinian film director Pablo Cesar...

Actor Milind Soman during a press conference to promote Pinkathon run in Jaipur on Tuesday....

Actor Milind Soman during a press conference to promote Pinkathon run in Jaipur on Tuesday....

Sand artist Manas Sahoo creates a sand sculpture on the eve of local self governance day in Puri...

Sand artist Manas Sahoo creates a sand sculpture on the eve of local self governance day in Puri...

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