Centre targets global majors for semiconductor fabrication plants

MeitY draws up list of potential players

In an ambitious move, the government is targeting global leaders for setting up semiconductor fabrication (fab) plants in the country. 

The Ministry of Electronics and Information Technology (MeitY) is coordinating the effort and has drawn up a target list of potential companies.

They include Taiwanese majors Taiwan Semiconductor Manufacturing Company, VIA Technologies Inc., and United Microelectronics Corporation, US giants Intel, Micron Technology, Inc., NXP Semiconductors, and Texas Instruments, Japanese players Fuji Electric Co. and Panasonic, European chipmakers Infineon Technologies AG and STMicroelectronics, and South Korean SK hynix Inc. and Samsung.

The move comes after MeitY floated an expression of interest