Centres to announce new Semi-conductor by month end

Bangalore, Nov 06 (UNI) Union Information Technology Minister Dayanidhi Maran today hinted that the new policy on the Semi-conductor Manufacturing will be roll-out by this month end.

Speaking to newsmen here after witnessing the Memorandum of Understanding signing event between SemIndia and Belgium based IMEC intended to partner each other for research on next-generation semiconductor technologies, he said that both the ministry of Information technology and Finance Ministry had worked out in formulating the policy and cabinet note was being finalised. The policy, among other things, also included extending incentives to the Semiconductor industry, building of infrastructure facilities.

''The demands and requests of the Indian Semiconductor Association and industries were also incorporated in the praposed policy''. ''It is just a formality to complete and it is on the way'' he added.

Mr Maran also said that the centre had decided to support only cutting-edge technology and was not prepared to extend co-operation to manufacture the second-hand technology. India had come closely to manufacture the cutting-edge Semiconductor technogy products including LCD Plasma TVs, Wafers, storage devices and other related products. He said many of the foreign companies had shown interests for investment besides Indian scientists and technocrats and waiting for the announcement of the Policy, he said.

The Union minister also informed that his ministry was in favour of extending the Software Technology Parks of India and would submit a note soon. STPI, across the country, had done tremandous contribution in stregthening the Small and Medium Enterprises and hence his ministry had decided to extend its activities, he added.

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