The Central Government has recently
finalized the semi-conductor policy to support chip manufacturing
in India, Hindustan Semiconductor Manufacturing Inc. (HSMC), a
consortium of NRI investors in the US, is all set to announce
the details of its water fabrication project by the next two weeks.
The consortium has put the baselines of the semiconductor manufacturing
plant in India, says HSMC managing partner Devendra Verma, who
was eagerly waiting for the policy to be announced. Finalization
of the policy has given the execution work of the project. The
HSMC project will be taken up in two phases, with an initial investment
of about $800 million. The total funds to be parked in the project
will go over $4.5 billion.
HSMC is also drawing plans to purchase and shift foundry equipment
from one of the world’s pioneering chip makers. This phase
will be for the existing line of technology with 200mm wafersize.
As far as the second phase of the project is concerned, HSMC would
build chips from 300mm wafers and make smaller 65 nanometer chips.
