Last date for expression of interest for FAB extended

DeitY has extended the deadline to submit the expression of interest for setting up FAB manufacturing units in India till November 25th

GN Bureau | November 7, 2013



Now semiconductor wafer fabrication companies (FAB) can submit their expression of interest for setting up FAB manufacturing units in India till November 25th. The Department of Electronics and Information Technology (DeiTY) has extended the deadline from an earlier one of November 6th.

According to a press release issued by the ministry, the government has recently decided to apprise probable bidders about the quantum of subsidies and other benefits that will be provided by the government for setting up such units.

According to the release, last month, it had accorded ‘in principle’ approval for establishing two FAB manufacturing facilities in the country and issued letters of ‘in principle’ approval to the 2 bidders.

The technical requirements, the structure of incentives, the requirement of equity structure and other terms are indicated in the format for Expression of Interest (EoI) present on the website of DeiTY (www.deity.gov.in).

Comments

 

Other News

Govt, RBI announce major reforms to attract FPI

The finance ministry on Friday announced a series of measures aimed at enhancing the ease of investment for individual Persons Resident Outside India (PROIs) and Foreign Portfolio Investors (FPIs), and to attract stable long-term foreign capital flows.   Building on the recent in

Lessons in climate adaption from world’s largest inhabited river island

Majuli Island, perched between the Brahmaputra River to the south and east, the Subansiri River to the west, and a branch of the Brahmaputra to the north, has been severely affected by recurrent flooding and intense riverbank erosion. Despite its global importance in acquiring UNESCO tentative status for

Careless whispers and the impossible trinity

Time can never mend, the careless whispers of …    As the RBI marches ahead, for the upcoming monetary policy meeting this June, whispers from the corridors echo around several policy options to defend the rupee – by deploying forex reserves, raising in

Bullet Train Project: Third mountain tunnel breakthrough achieved

A major engineering milestone has been achieved in the Mumbai–Ahmedabad Bullet Train Project with the successful breakthrough of the third mountain tunnel (MT-07) at Ambesari village in Dahanu Taluka of Palghar district, Maharashtra.   With this achievement, three mountain

Supreme Court gets five new judges

Five new judges were appointed to the Supreme Court of India on Monday. "Vide Notifications of even number dated 01.06.2026, in exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the Hon’ble President of India is pleased to appoint (i) Shri

Astonishing breadth and depth of ancient Indian knowledge systems

The Greatest Books of Ancient India: Incredible Ideas about Science, Music, Maths, Art and More By Dr. Pradeep Chakravarthy and Dr. R. Thiagarajan Hachette India, 208 pages, Rs 399  





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter