Home > News > IT sector gets investment plans worth $25 bn
December 13th, 2007
IT sector gets investment plans worth $25 bn
Abstract:
When contacted, a Tata BP Solar official said the company has made inquiries in this regard and is interested in the policy but is yet to submit a formal proposal. Reliance did not respond to an e-mailed query. The semiconductor policy provides incentives for manufacturing units of computer chip units and also eco-system units, which comprise displays, organic LEDs, nanotechnology-related ventures, storage devices, besides solar and photo voltaic cells.
As per the policy, the government would give an incentive of up to 20% of the capital expenditure to companies seeking to set up fab units. The sop would be applicable for capital expenditure during the first 10 years. The minimum investment required for getting incentives is $550 million for a fab unit and $220 million for manufacturing products like storage devices, micro and nanotechnology products and organic light emitting diodes. Same is the case with assembling such products.
Source:
economictimes.indiatimes.com
Related News Press |
Display technology/LEDs/SS Lighting/OLEDs
Utilizing palladium for addressing contact issues of buried oxide thin film transistors April 5th, 2024
Light guide plate based on perovskite nanocomposites November 3rd, 2023
Simple ballpoint pen can write custom LEDs August 11th, 2023
Novel design perovskite electrochemical cell for light-emission and light-detection May 12th, 2023
Govt.-Legislation/Regulation/Funding/Policy
Aston University researcher receives £1 million grant to revolutionize miniature optical devices May 17th, 2024
NRL charters Navy’s quantum inertial navigation path to reduce drift April 5th, 2024
Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024
Chip Technology
Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024
Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024
Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024
Utilizing palladium for addressing contact issues of buried oxide thin film transistors April 5th, 2024
Announcements
Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024
Finding quantum order in chaos May 17th, 2024
Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024
The latest news from around the world, FREE | ||
Premium Products | ||
Only the news you want to read!
Learn More |
||
Full-service, expert consulting
Learn More |
||