Red-tapism is costing us dear.

http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=201803856

Policy delay cost India chip plant, says Intel's Barrett

   K.C. Krishnadas <[EMAIL PROTECTED]>       EE Times
<http://www.eetimes.com/;jsessionid=44CINBJ2RADLKQSNDLPSKH0CJUNN2JVN>
(09/04/2007 9:50 AM EDT)

BENGALURU, India -- Delays in formulating a government policy to encourage
chip manufacturing prompted Intel Corp. to look elsewhere, including China
and Vietnam.

According to a report in the *Hindu Business Line* on Tuesday (Sept. 4),
Intel chairman Craig Barrett said the delay in announcing a chip
policy<http://www.eetimes.com/showArticle.jhtml;jsessionid=FNIX0YWTGLYW0QSNDLRSKHSCJUNN2JVN?articleID=197008357>forced
Intel to look elsewhere in Asian to locate its manufacturing centers.
"The Indian government policy was not timely for us. The government did not
have a well-documented plan when we began discussions with them," Barrett
was quoted as saying.

"There are no complaints on issues like [Indian] infrastructure," Barrett
added. "Between the time we initiated discussions with India and the
announcement of the semiconductor policy, Intel already firmed up its plans
in 
Vietnam<http://www.eetimes.com/showArticle.jhtml;jsessionid=E3WYGDGM0W5QMQSNDLRCKH0CJUNN2JVN?articleID=201800368>and
China," Barrett said, according to the report.

Intel reportedly is still considering India. "However, right now we don't
have any plan to set up a plant here. There is enough capacity at this
point. With enough
capacity<http://www.eetimes.com/showArticle.jhtml;jsessionid=FNIX0YWTGLYW0QSNDLRSKHSCJUNN2JVN?articleID=197004919>in
our current manufacturing plants, we do not need any new plant,"
Barrett
said.

Intel, which has a large R&D center in Bengaluru, will expand its engineering
and software 
development<http://www.eetimes.com/showArticle.jhtml;jsessionid=FNIX0YWTGLYW0QSNDLRSKHSCJUNN2JVN?articleID=197008259>activities
here, Barrett said.

Meanwhile, potential investors continue to wait for details of the
semiconductor policy that were expected months ago. For instance, guidelines
for setting up semiconductor, electronics and solar cell manufacturing
plants have yet to be announced. Details include guidelines for government
concessions such as tax breaks, subsidies and interest-free loans.

SemIndia, Hindusthan Semiconductor Manufacturing, Nest Group, Videocon Ltd.
and Xenitis have announced or are establishing chip plants. Signet Solar,
Moser Baer and Cypress Semiconductor have expressed interest in setting up
solar manufacturing plants here.

According to industry executives, government guidelines for seeking
incentives will be announced in a matter of days.

-- 
-------------------------------------------------------------------------------------------

A single death is a tragedy, a million deaths is a statistic.
- Joseph Stalin

To send men to the firing squad, judicial proof is unnecessary.
These procedures are an archaic bourgeois detail. This is a
revolution! And a revolutionary must become a cold killing
machine motivated by pure hate. We must create the pedagogy
of the paredon (The Wall)!
- Che Guevara
--------------------------------------------------------------------------------------------

--~--~---------~--~----~------------~-------~--~----~
You received this message because you are subscribed to the Google Groups 
"Green Youth Movement" group.
 To post to this group, send email to [email protected]
 To unsubscribe from this group, send email to [EMAIL PROTECTED]
 For more options, visit this group at 
http://groups.google.com/group/greenyouth?hl=en-GB
-~----------~----~----~----~------~----~------~--~---

Reply via email to