Cricket Semiconductor Company's CEO lou Hutter met Chief Minister Shivraj Singh Chouhan here on Friday. The company is setting up a semiconductor fabrication unit costing `6,000 crore in the State.
The Chief Minister said that the State Government will extend all possible cooperation to the project. Hutter informed the Chief Minister of works being undertaken by the company. He said that the company is holding discussions with foreign investors for the company's electronics system and manufacturing. He said that he is also exploring possibilities of Indian investors' cooperation.
The State will become a major centre of electronics system and manufacturing in the country after the establishment of the semiconductor fabrication unit. Manufacture of high quality microchips will start in the State. Microchips used in electronic gadgets will not have to be imported. This will save large amount of foreign exchange and will also provide employment to a large number of people.
Principal Secretaries to the Chief Minister Iqbal Singh Bains and SK Mishra were also present on the occasion.