| Reconstitution of Empowered Committee regarding setting up of Semiconductor Wafer Fabrication (FAB) manufacturing facilities in the country |
| The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved to reconstitute the Empowered Committee to setup the Semiconductor Wafer Fabrication (FAB) projects, with the following composition: a) Dr. V.K. Saraswat, Member, NITI Aayog ….. Chairman b) Dr. K. Radhakrishnan, Former Chairman, Indian Space Research Organisation c) Secretary, Department of Expenditure d) Secretary, Department of Industrial Policy and Promotion e) Dr. M.J. Zarabi, Former CMD, Semiconductor Complex Ltd. (SCL) - Technical Expert f) Prof. Narendra Krishna Karmarkar, Distinguished Visiting Professor, IIT-Bombay g) Secretary, Department of Electronics and Information Technology - Member Convener h) Empowered Committee may co-opt any other experts Background The Government had in 2011 constituted an Empowered Committee to identify technology and investors and to recommend incentives to be provided to set up two FAB facilities in the country. This Committee submitted its recommendations to the Government. Based on the recommendations of the Empowered Committee, the Union Cabinet accorded approval for establishing two FAB manufacturing facilities by two consortia, one led by M/s Jaiprakash Associates Ltd. along with M/s IBM (USA) and M/s Tower Jazz (Israel) and the other led by M/s. HSMC Technologies India Pvt. Ltd. along with M/s ST Microelectronics (France/Italy) and M/s Silterra (Malaysia); and authorized the Empowered Committee to take all decisions to implement the FAB projects in furtherance of the decision of the Cabinet Letters of Intent have been issued to the two consortia on 19.03.2014 for setting up FAB facilities in India. The setting up of Semiconductor Wafer Fabrication units is a critical pillar required to promote Electronics System Design and Manufacturing in India which will stimulate the flow of capital and technology, create employment opportunities, help higher value addition in the electronic products manufactured in India, reduce dependence on imports, and lead to innovation. |
Read,Write & Revise.Minimum reading & maximum learning
29 January 2015
Semiconductor Wafer Fabrication (FAB) manufacturing facilities in the country
Subscribe to:
Post Comments (Atom)
Featured post
UKPCS2012 FINAL RESULT SAMVEG IAS DEHRADUN
Heartfelt congratulations to all my dear student .this was outstanding performance .this was possible due to ...
-
Sure PV Sindhu and Sameer Verma would have preferred to become first Indians to win both men’s and women’s Super Series titles since Saina ...
-
प्रदेश में औद्योगीकरण को बढ़ावा देने के लिए Single-Window System लागू किया गया है। पूंजी निवेश को आकर्षित करने एवं इसे और कारगर बना...
-
उपस्थित सभी महानुभाव, मैं पीयूष जी और उनकी टीम को बधाई देता हूं कि उन्हों।ने बहुत बड़े पैमाने पर आगे बढ़ने के लिए निर्णय किया है और उसी क...
-
As per Sample Registration System (SRS), 2013 reports published by Registrar General of India the Infant Mortality Rate (IMR) of India ...
-
Uttarakhand (UK) Forest Ranger Officer (FRO) exam 2016 Paper and solution by SAMVEG IAS Dear candidate we have provided solutio...
-
14th #FinanceCommission (FFC) Report Tabled in Parliament; FFC Recommends by Majority Decision that the States’ Share in the Net Proceeds ...
-
Economic Survey 2014- 15 states that liquidity conditions (money supply) have remained broadly balanced during ...
-
In the midst of triumphalism from the government about auctions of coal mines, an assessment of the performance of India's coal-based ...
-
UTTARAKHAND (UK) RO/ARO PRE SOLUTION,26TH JUNE2016 SAMVEG IAS Dear candidates ukpsc conducted RO/ARO exam today.they followed the PCS ...
-
How MCLR will affect your home loan For new borrowers, home loan rates will be automatically reset either yearly or every six months ...
No comments:
Post a Comment