Press Esc to close
Sunday 31 August 2014
News updated at 1:36 PM IST
Weather
Max: 0°C
Min : 0°C
In Bangalore
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
Mayawati is garlanded after she was unanimously elected as the National President of BSP for...

Mayawati is garlanded after she was unanimously elected as the National President of BSP for...

Protesters set a police vehicle on fire in Ukhrul on Saturday demanding immediate solution to...

Protesters set a police vehicle on fire in Ukhrul on Saturday demanding immediate solution to...

Traffic chaos in Surat on Saturday...

Traffic chaos in Surat on Saturday...

A 98-metre long under construction bridge collapses over a stream of Bagmati and Lakhani rivers...

A 98-metre long under construction bridge collapses over a stream of Bagmati and Lakhani rivers...

Sukumar, a Bangalore airport customs officer supporter of Hubli Tigers seen during KPL Match...

Sukumar, a Bangalore airport customs officer supporter of Hubli Tigers seen during KPL Match...

Clay Ganpati referees the Brazilian and Argentine undeers (mouse) have been installed by a family...

Clay Ganpati referees the Brazilian and Argentine undeers (mouse) have been installed by a family...

Hindu devotees light incense and offer prayers to a snake on Nag Panchami festival in Jammu...

Hindu devotees light incense and offer prayers to a snake on Nag Panchami festival in Jammu...

A Hindu devotee whisper her wishes into the ear of an idol of elephant-headed Hindu god...

A Hindu devotee whisper her wishes into the ear of an idol of elephant-headed Hindu god...

England's Morgan leaves the field after being dismissed for 10 runs during the ODI against India ...

England's Morgan leaves the field after being dismissed for 10 runs during the ODI against India ...

Union Finance Minister Arun Jaitley at a press conference at National Media Centre in New Delhi ...

Union Finance Minister Arun Jaitley at a press conference at National Media Centre in New Delhi ...

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