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Ultramodern electronics chips will be produced in Bhopal

BHOPAL:  Madhya Pradesh capital will get yet another gift in the form of a Semiconductor Wafer Fabrication unit for producing unique and ultramodern electronics chips. This will pave way for the state’s development in ultra high modern technique sector. A sum of Rs 34,399 crore is estimated to be invested on it and 1.22 lakh people are likely to get employment in it.

JP Gaur of Jaiprakash Associates Limited informed during Global Investors Summit at Indore on Friday. Japan’s assistance will be sought for this. Capacity of the ‘Semiconductor Fab’ will be about 40,000 WSPM. On the initiative of Chief Minister Shivraj Singh Chouhan, the state government will allot 100 acre land to the company near Raja Bhoj airport.

Setting up of the Fab will cast very good impact on electronic system and design and manufacturing in the country. It will help set up critical peeler in electronics system design and manufacturing electronics system design and manufacturing sector. It will help also increase flow of technology and funds. It will create high value addition in other electronics products’ manufacturing.

A high-level committee of Central government had recommended identification of investors in technology sector and provide special facilities for setting up of two semiconductor fabs in the country. The Central cabinet committee presented its recommendations and sanctioned incentives package for establishment of semiconductor fab.