BANGALORE: The department of electronics and information technology (DeitY) has received proposals for investments worth a total of about Rs 65,000 crore in the area of semiconductor and electronics manufacturing.
Of these, proposals for investments of about Rs 13,800 crore are under an incentive scheme, and the remaining accounts for investments in two silicon wafer foundries India is looking to build. At the IESA Vision Summit 2014, the annual industry conclave of Indian Electronics and Semiconductor Association, J Satyanarayana, secretary of DeitY, said, "We have identified 2014 as 'Made in India' year. We are creating the infrastructure for the sector."
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