Madhya Pradesh is going to become the biggest centre of electronics system and manufacturing in the country. Now, microchips will be produced through latest technique in the State itself. After setting up of a electronic fab plant in the State, there would be no need to import microchip used in electronic gadgets. This will save foreign exchange and also provide jobs to a large number of people.
An MoU was signed in the presence of Chief Minister Shivraj Singh Chouhan at Mantralaya here on Friday between American company Messrs Cricket Semiconductors and the Madhya Pradesh Government for an analog semiconductor unit in the State. Secretary Science and Technology Hari Ranjan Rao and lou Hatter of the American company were present on the occasion.
The American company will establish a Rs6,000 crore semiconductor fabrication unit in the State. It is noteworthy that Madhya Pradesh is the first State in the country to formulate analog semiconductor fabrication policy. Impressed by the State’s investment-friendly policies, several American companies had offered to invest in the State during Chief Minister Chouhan’s recent US visit. With arrival of Messrs Cricket Semiconductors, process of investment has started.
Integrated Circuit (IC) manufactured in semiconductor fab is used in almost every electronic equipment including mobile phones, telephone equipment, automatic process control equipment in industries, automobile, aeroplanes’s equipments, defence and medical sectors, smart cards etc. Establishment of semiconductor fab in the state will lead to speedy development in this sector. Ancillaries like fabless design, electronic product/manufacturing services, Assembly and testing units will come up around fab unit. These ancillaries will increase creation of jobs manifold and electronic manufacturing sector will grow rapidly.
A number of facilities will be provided by the State Government to Cricket Semiconductors including land allotment on token of only Re. one, cost of building shade, water as per unit’s requirements, power supply, sewage, fire-station equipped with chemical firefighting, road upto airport for transportation, free trade zone etc. Besides, the company will be provided special assistance for necessary skill development and
augmentation, relaxation in stamp duty and labour laws, exemption from entry tax and single window. Chief Secretary Anthony DeSa and Chairman of India Electronics and Semiconductor Association (IESA) Ashok Chandak were especially present on the occasion.