With the state government taking control of the Fab City project coming up on the city outskirts and the proactive IT minister Dayanidhi Maran out of IT ministry, several semiconductor manufacturers are now directly knocking Andhra Pradesh’s doors.
Global players are literally making a beeline for the Secretariat to present their business plans to open shop […]

HYDERABAD, JUN 12:  CDs, DVDs and floppy disks major, Moser Baer India Ltd mulls to set up its proposed solar photovoltaic cell making unit in Fab City, Hyderabad, according to the official sources.
Moser Baer chairman and MD Deepak Puri had recently met the chief minister YS Rajasekhara Reddy and sought his support for the project. […]

The Andhra Pradesh Industrial Infrastructure Corporation has begun scouting for a co-developer for Fab City. The corporation, which took the driver’s seat after the government cut SemIndia’s role, is believed to have proposed to leading “desi” developers of IT and infrastructure projects to study the feasibility of becoming a co-developer in the (SPV). Official sources […]

THE ANDHRA Pradesh State Investment Promotion Board (SIPB) headed by chief minister Y S Rajasekhara Reddy on Monday cleared the proposals of seven mega industries with an investment of over Rs 10,000 crore, reports Our Bureau from Hyderabad.
According to a statement from the chief minister’s office, the largest among these is the Rs 4,500-crore investment […]

Hyderabad, May 19: As Chief Executive Officers (CEOs) of several US-based Information Technology companies have evinced interest in starting operations here, the State Government has speeded up its plans to construct the prestigious Fab City project on the city outskirts.
The civil works were likely to commence within a month and completed in six to seven […]

India’s first tryst with chip will begin next month when a consortium of non-resident Indians commence the construction on India’s first semiconductor fab at Hyderabad.
Also with this, one other chip manufacturing plant also is likely to be under way this year.
SemIndia, a private consortium of US based semiconductor entrepreneurs and the Government of Andhra Pradesh […]

Washington, May 10 (IANS) Visiting Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy has invited US companies to invest in his state, saying it would become digitally-driven with the setting up of the semiconductor manufacturing facility Fab City.
Speaking at the Indus Entrepreneurs (TIE) luncheon meeting at Santa Clara, California and a roundtable with CEOs of semiconductor […]

SemIndia’s CEO Vinod K Agarwal asserted on Wednesday that his company would stay put and execute the project at the proposed Fab City on the outskirts of the city.
Though expressing his displeasure over the delay on the government order (GO) detailing various subsidies and incentives to be offered to fab units, Agarwal said he would […]

Hyderabad, April 25 (IANS) Allaying apprehensions over Fab City, the proposed $3 billion semiconductor manufacturing hub here, its developer SemIndia Inc Wednesday said it was waiting for the transfer of land by the Andhra Pradesh government to begin the work.
With the opposition Telugu Desam Party (TDP) raising doubts about the ability of the company to […]

SemIndia Chairman Vinod K. Agarwal has assured Chief Minister Y.S. Rajasekhar Reddy that the proposed Fab City would come up without any hurdles. Mr Agarwal, who has the backing of Union Minister for Telecommunications Dayanidhi Maran, met the Chief Minister, Minister for Major Industries J. Geetha Reddy and senior officials as part of a damage-control […]