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INDIA TO ISSUE NEW POLICY ON SEMICONDUCTOR INVESTMENT.

AsiaPulse News

| March 01, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, March 1 Asia Pulse - India's long-cherished dream of manufacturing semiconducters and other high technology IT products could well become a reality, with the IT Ministry set to announce a policy in this regard shortly.

"With an objective of making India a preferred destination for the manufacturing of semiconductors and other high technology IT products including wafer, assembly test and manufacturing of semi-conductors, flat LCD/OLED/plasma panel displays and storage devices, the Ministry of IT will announce a policy shortly", Finance Minister P Chidambaram said while presenting the Budget 2006-07 on Tuesday.

The Finance Minister has tried to close ...

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Source: HighBeam Research, INDIA TO ISSUE NEW POLICY ON SEMICONDUCTOR INVESTMENT.

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