Business Daily from THE HINDU group of publications Saturday, Mar 17, 2007 ePaper |
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Info-Tech
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Hardware Semiconductor complex in Chandigarh to be upgraded Our Bureau
New Delhi March 16 In a move that is likely to benefit the Semiconductor Complex Ltd and Semi-Conductor Laboratory (SCL) at Chandigarh, the Union Cabinet has given its approval for upgradation of Very Large Scale Integrated Circuit Facilities (VLSI). The Cabinet approval envisages an outlay of Rs 486 crore with a foreign exchange component of Rs 322 crore. The planned upgradation will enable acquiring the capabilities needed to manufacture a number of high complexity semiconductors and imaging devices commensurate with the quality and reliability requirements of the strategic sector. The proposed upgradation would reduce the dependence on foreign manufacturers in the micro-electronic devices.
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