View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 24, 2005

India plans FabCity to boost chip production

Plans for a semiconductor fabrication complex called FabCity, which is expected to cost between $3bn and $4bn, have been drawn up by The India Semiconductor Association, ISA.

By CBR Staff Writer

Though it does not have a location in mind, the ISA is discussing the subsidies and tax incentives needed to attract $50bn of global investment and create an electronic industry in excess of $100bn in the next 10 years.

The federal government is looking for a 1,500-acre site to accommodate FabCity and has said it will invest in the setting up of the complex.

The ISA, set up last year to create global awareness about the country’s chip industry, said the plan will look at how countries such as China, Malaysia, Singapore, and Taiwan have moved into semiconductor manufacturing.

Poornima Shenoy, president of Bangalore-based ISA, said: This vision is inspired by an unprecedented growth in the Indian electronics consumption, a vibrant chip design industry, increasing semiconductor content in the electronic industry, and significant export potential.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU