EoI for FAB facilities extended till November 25

NEW DELHI, INDIA: The Department of Electronics and Information Technology (DeiTY) has extended the last date for submitting Expression of Interest (EoI) by semiconductor wafer fabrication(FAB) manufacturers for establishing FAB manufacturing facilities in India. The date is extended till November 25, 2013.

In order to attract the maximum number of FAB manufacturers from all over the globe, the Government of India had recently decided to apprise all such manufacturers of the quantum of subsidy/ other benefits/ support being offered for establishing FAB manufacturing facilities in India.

Last month, the Government had accorded ‘in principle' approval for establishing two FAB manufacturing facilities in the country and issued letters of ‘in principle' approval to the two bidders.

The technical requirements, the structure of incentives, the requirement of equity structure and other terms are indicated in the format for EoI available on the website of DeiTY (www.deity.gov.in).