Wednesday, November 07, 2013: The Department of Electronics and Information Technology (DeiTY) has extended to November 25, 2013 the last date for submitting expression of interest (EoI) by semiconductor wafer fabrication (fab) manufacturers for establishing fab manufacturing facilities in India. Earlier, the last date was November 6.
In order to attract the maximum number of fab manufacturers from all over the globe, the government 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, structure of incentives, requirement of equity structure and other terms are indicated in the format for expression of interest (EoI) available on the website of DeiTY (www.deity.gov.in). Entities fulfilling the requirements may respond in the prescribed format by November 25, 2013.