RIL to invest Rs 30K cr in fab plants

The proposals also cover setting up of assembly, test, mark and packaging (ATMP) facilities. Reliance alone has submitted a proposal (total investment around Rs 30,000 crore) for a semiconductor wafer fab unit with ATMP facility at an outlay of Rs 18,521 crore ($4.635 billion) to be invested over 10 years.  The company is scouting for a location in Navi Mumbai, Hyderabad, Mysore and Haryana. The company will decide the final location after negotiations with respective state governments.  Around 4,000 people will be employed at the fabrication and ATMP units. The company plans to set up a second fab facility at Jamnagar with an investment of Rs 11,631 crore ($2.91 billion).  It will manufacture polysilicon, single crystal/multi-crystalline ingots, solar-grade wafers, SPV modules. The plant is expected to create over 11,000 direct skilled, semi-skilled and unskilled job opportunities.  Policy push
The government has received seven proposals envisaging an investment of around Rs 65,000 crore ($16.25 billion) till date in response to the special incentive package for semiconductor fabrication and other micro- and nano-technology manufacturing industries it announced last year. The investment will be made over a period of 10 years.