Government of India is contemplating to setup Semiconductor Wafer Fabrication (FAB) Manufacturing units in the country. The Manufacturers and Investors from across the Globe have been invited to take part in the bidding process for the establishment of the units.
Semiconductor device fabrication is the process used to create the integrated circuits that are present in everyday electrical and electronic devices. It is a multiple-step sequence of photolithographic and chemical processing steps during which electronic circuits are gradually created on a wafer made of pure semiconducting material.
According to sources, the establishment of a semiconductor fabrication facility would cost anything between $2 billion and $6 billion.
The Department of Electronics and Information Technology (DeiTY) has extended to November 25, 2013 the last date for submitting Expression of Interest (EoI) by semiconductor wafer fabrication (FAB) manufacturers for establishing FAB manufacturing facilities in India.
In order to attract the maximum number of FAB manufacturers from all over the globe, the Government of India would also appraise all such manufacturers of the quantum of subsidy/ other benefits/ support being offered for establishing FAB manufacturing facilities in India. Last month, the Government 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.