Business Standard

Fab tales from India

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■ 2007: Intel shows interest in n setting up fab plant, but chooses China and Vietnam because Indian government incentives are unattracti­ve

■ 2013: Government clears two n fab projects: one by Jaypee group with an investment of ~26,300 crore; the other by Hindustan Semiconduc­tor Manufactur­ing Corporatio­n. Both cannot show proof of funding

■ 2020: Government floats EOI n inviting applicatio­ns from global and Indian companies to set up semiconduc­tor fab plants. Response is lukewarm

■ 2021: Tata group says n it is mulling entry into semiconduc­tor business

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