India continues to dream of their own semiconductor factories

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POSTER: computer news   ||   INDIA CONTINUES TO DREAM OF THEIR OWN SEMICONDUCTOR FACTORIES	DATE:2013-09-15
Analysts estimate that by 2020, demand for semiconductors in the country will increase by 10 times, reaching $ 400 billion a year.  The money will flow to China, Taiwan and into the pockets of Western developers.  We must act immediately and, according to news agency Reuters, within two months promise to appear two business plans for the construction of two semiconductor factory in India. On one hand, initiated the construction of a consortium of Indian companies Jaiprakash Associates and Israeli TowerJazz (Tower Semiconductor).  Technological donor of the event promises to be  IBM.  The second consortium consists of companies Hindustan Semiconductor Manufacturing Corp (India), Silterra (Malaysia) and STMicroelectronics (EU).  In both cases, the state promises substantial support initiatives in the form of interest-free loans, tax incentives and equity.  It is expected that the first consortium will build a factory near New Delhi (volume cost $ 4 billion), and the second - in the west of the country in the state of Gujarat (the volume of investments of $ 3.9 billion).   During the rainy season most of the roads in India are converted into potholes filled with water, which prevents the normal functioning of powerful industries.  Without the development of infrastructure those factories are worthless.  By the way, none of these companies have not confirmed their participation in future projects.   Related Products :

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