GOI invites EoI from Indian Companies / Consortia interested in acquisition of Semiconductor FAB outside India

Government of India is keen to incentivize and attract investment for setting up of Semiconductor FABs in India. Ministry of Electronics and Information Technology (MeitY) has issued  Expression of Interest (EoI) dated 15.12.2020 for Setting up / Expansion of existing Semiconductor Wafer / Device Fabrication (FAB) facilities in India or acquisition of Semiconductor FABs outside India. Last date for submission of EoI proposal is 31.01.2021.

Eligibility criteria under Category C includes Indian Companies / Consortia interested in acquisition of Semiconductor FAB outside India.

Interested parties can submit Financial support desired from the Government of India, including Grant-in-Aid (GIA), Viability Gap Funding (VGF) in the form of Equity and / or Long-Term Interest Free Loan (LIFL), tax incentives, infrastructure support, etc.

ISA Vision Summit, January 28th & 29th Bangalore

Topic for 2013 is ESDM 2020: Product Innovation, Global Collaboration & Policy Alignment

Salient features of ISA Vision Summit 2013

• Eighth successive summit
• Two days, 500 industry and government leaders, various international business delegations, 40 speakers
• Focused sessions on sector opportunities, market trends, policy directives
• Exclusive sessions with innovators and entrepreneurs
• Business networking opportunities - one on one meetings
• Meet and interact with the Technovation Awards 2012 winners

Incentives to set up Micro and Nano technology manufacturing units

There was expectation that Special Incentive package of DIT, (announced in 2007 after long discussions with industry) would give birth to hardware industry, but it appears there are no takers for the fund. The analysts blame global recession/ bad timing/ under investment etc. 

Is condition of equity allotment to government/ nominated agency a deterrent for global firms?  

Is preference for mature technology ( solar PV assembly) a result of empty pipeline ( in India) of start-ups ?