India Chip Fab ready for launch
Of the two chip-fabrication projects the government had short listed for subsidy, the consortium for one is led by Group, which has partnered with IBM as its technology partner. The other has been mooted by domestic chip maker Hindustan Semiconductor Manufacturing Corp, which will get technology support from Geneva-based ST Microelectronics NV. The projects are said to be worth Rs 25,000 crore each.
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