Technology major Hindustan Semiconductor Manufacturing Corporation (HSMC) has announced a technical partnership with Germany’s Infineon Technologies to set up a chip manufacturing unit in India with a total investment of $4 billion.
The announcement was made after a meeting between Communications and IT Minister Dayanidhi Maran and top officials of HSMC and came within a […]

NEW DELHI/HYDERABAD: With the semiconductor policy finally getting notified, the Union minister for Information Technology, Dayanidhi Maran, has said he will revive talks to get Intel to consider India once again for a manufacturing facility.
The lack of a semiconductor policy in India had forced the world’s biggest chipmaker to shift consider Vietnam instead some time […]

Close to a month after the incentives for the semiconductor industry were announced, the fine print of the semiconductor policy is expected in a week. “We are finalising the finer details of the policy and the policy will be out in a couple of days,” said a senior IT ministry official.
While the macro details of the […]

Bangalore, India — Infineon Technologies is likely to be the technology partner in the Indian semiconductor manufacturing plant planned by Hindustan Semiconductor Manufacturing Company (HSMC), a company floated by Devendra Verma, Managing Partner of the California-based investment company, Edgewood.Although Verma, who is the chairman of HSMC, refused to mention any funding or technology partners for […]

WITH the government having finally cleared a package of concessions for the semi-conductor industry, a group of Silicon Valley NRIs are planning to set up a joint venture in India to invest $4.5 billion in semiconductor manufacturing.
The group will float a SPV under the name of Hindustan Semiconductor Manufacturing Corporation (HSMC) India and tie up […]

Fabcity - Recap of Last One Year and the Investment Prospects. Do not lose track and pick up waste-land, packaged as bits of gold!
Fabcity -Recap
The Project was formally awarded to Semindia in Feb 06. Since then, the Financial Closure of the US $ 3 billion project was affected due to lack of a bankable financial […]

Cognizant will invest over $200 million in India through the end of 2008 to build new fully-owned techno campuses to seat over 30,000 new employess, R Chandrasekaran, president and managing director, Cognizant, tells TOI.
What are the emerging trends across all the verticals that the company works in?
There are three key trends that we are […]

BETTING on the booming electronics market in India, SemIndia is foraying into manufacturing of consumer-related electronic products like modems, wimax terminals and set-top boxes for the domestic market. SemIndia Systems, a wholly-owned subsidiary of the company formed last year, has now begun to ship its first product - an ADSL modem.
Vinod Agarwal, chairman of SemIndia […]

Telecom minister Dayanidhi Maran on Thursday announced a capital subsidy of up to 25% to attract investments from global majors for setting up semiconductor fabrication and other micro and nano technology manufacturing units. With this move, investments of $6-9 billion in the near future appear a distinct possibility.
The semiconductor policy had been approved earlier by […]

THE government on Thursday announced the long-awaited semiconductor policy. Till now, India has been designing chips, in over 100 chip design units, for the world — for products like iPods, set-top boxes, LCD TVs and cellphones — while countries like China, Taiwan and Singapore manufactured the India-designed chips. The new policy promises sops for companies […]