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RECENT FABCITY NEWS - HYDERABAD
BASIC STRUCTURE OF FABCITY, HYDERABAD
Please note that the Fabcity was to be developed in 1200 Acers with several Manufacturing Units in the Semiconductor and Nano Tech arena, setting up shop, here. However, even after Central Govt cleared the Fab policy, no one could proceed with founding of a Fab Manufacturing plant as of May 2008.

SemIndia was the first among the entrants in Fabcity. Its facility as of May 2008 is limited to ATMP plant on 100 Acres. The balance 1100 Acers will be occupied by several other companies. For developing the 1200 Acre Fabcity, an SPV will be formed. APIIC will hold 51%, SemIndia 11% and balance will be held by FIIs and Other Companies.

Due to delay in firming up plans by Fab Manufacturing Units, several companies has come forward to take advantage of tax benifits offered under Fab Policy, to Solar Module Manufactures. APIIC has tied up most of the available space in Fabcity, for Solar Module Manufacturing.
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Recent Fabcity News - Fabcity Hyderabad
Feb 09

** 26.02.2009 - Fabcity Hyderabad. Solar Panel Production and Export Commences

Dec 08:

** 10.12.2008 - FABCITY OFFICIALLY DUMPED by SEMINDIA
Oct 08:

** 30.10.2008 - SemIndia puts Hyderabad Fabcity on Backburner. As good as cancelled.

July 08:

** 08.07.2008 - Fabcity is more or less a Solar cell Manufacturing Hub

June 08:

** 22.06.2008 - Is SemIndia Alive? Govt Issues Show-Cause Notices to Sem India & Nanotech.

May 08:

Fabcity Pictures - May 2008

** 14.05.2008 - NCS Group Plans Rs 500-cr silicon wafer unit in Fabcity Hyderabad

** 08.05.2008 - VIDEOCON seeks 500 acre from the AP Govt. to develop a fab project

April 08:

** 29.04.2008 - Goldstone Infra to put up solar PV unit at Fabcity
** 17.04.2008 - Fabcity Hyderabad becomes SOLAR City. Land almost fully booked. No place for Fab
** 16.04.2008 - GOLDSTONE INFRATECH plans JV with Jusung, TS Solar Power for Solar Unit at Fabcity Hyderabad
** 15.04.2008 - Fabcity - Recruitment by Companies has started.
** 12.04.2008 - Hyderabad's Fab City bags $4 Billion investment- Video
** 04.04.2008 - Will Reliance put up Fab Unit beside Srisailam Highway?

February 08:

** 19.02.2008 - Vision Summit Bangalore. Confirmed Fabcity Investments at US$ 7 billion

January 08:

** 21.01.2008 - Nanotech Shelves Semiconductor Fab Plan at Fabcity. Decides to go Solar.

December 07:

** 26.12.2007 - SEMINDIA Fails to Submit Fabcity Proposal to Center. Fabcity still a Dream?

November 07:

** 27.11.2007 - SemIndia in talks with Wall St funds to raise $100 m
** 21.11.2007 - AMD CEO visiting India; to sign MoU with SemIndia.
** 16.11.2007 - Fabcity. Water, Power and Roads under Development. 6 Companies Alotted Land.
October 07:

** 15.10.07- Tessolve plans to set up unit in FABCITY, Hyderabad
** 13.10.07- APIIC informs that SemIndia, Signet Solar, Titan Energy, Solar Semiconductor, Moser Baer, HSMC, Videocon etc are planning set up Units in Fabcity
** 12.10.07- SemIndia to apply for govt incentives within month
** 02.10.07- Fab City project - Cabinet Ratifies MOU

September 07:

** 17.09.07-Finally, Centre rolls out Fab Policy Norms. The Projects to Submit Feasibility Report to Central Govt.
** 05.09.07-Tower Semiconductor in talks with SemIndia, HSMC.
** 04.09.07-Semiconductor Policy - Much Delayed Guidelines on Fab Policy is expected to be released this week.

August 07:

** 29.08.07-Signet Solar to invest Rs 3,000 cr in Fabcity at Hyderabad and in Chittoor
** 23.08.07-HSMC Most Likely to choose Fabcity at Srisailam Highway, for $2Billion Fab Project
** 17.08.07-Semiconductor Policy - Lack of Guidelines for Project Approval, Delays Fab Projects.

July 07:

** 06.07.07- Fab City to house solar-cell cluster, in addition to SemIndia

June 07:

** 15.06.07- Restriction on limit of Fab Units may be withdrawn.

** 09.06.07- Fabcity sees fresh interest. HSMC and others approach Govt.
May 07:

** 22.05.07- Solar Semiconductor Drives into Fabcity with 4500 Crore Project. Lufthansa Technik to Buid 100 Crore MRO Facility at Shamshabad
** 19.05.07- Fab City works to start within a month, says IT Minister R. Damodar Reddy
** 07.05.07- APIIC approaches SEZ firms for Fab The Govt looks to be clueless.


April 07:

** 29.04.07- GO Released. Fabcity is on, afterall!-SemIndia to be the Anchor Customer at Fabcity. SemIndia Expresses Happiness


** 26.04.07- Fabcity is On. Govt Extends Full SupportSemIndia Clarifies. GO to be Released Shortly.


** 25.04.07- Fabcity: Once GO is issued, process will begin -SemIndia The project blueprint ready.


Fabcity-Govt to put Safeguards in place GO clearing Fabcity expected in few days from now.

CM backs Fabcity. Orders issue of GO in line with MOU with SemIndia SemIndia Refutes Allegations in a Press Release

Fab City deal signed with non-existent firm: Telugu Desam takes full advantage of slow progress and lack of PR by SemIndia

Fabcity -State Govt and Semindia Differ.    

Fabcity -State Govt and Semindia Differ. Will the Govt act and clear necessary documents?


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