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.
Recent Fabcity News - Fabcity Hyderabad
Fabcity Hyderabad. Solar Panel Production and Export Commences
FABCITY OFFICIALLY DUMPED by SEMINDIA Oct 08:
SemIndia puts Hyderabad Fabcity on Backburner. As good as cancelled.
Fabcity is more or less a Solar cell Manufacturing Hub June 08:
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:
Goldstone Infra to put up solar PV unit at Fabcity
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
Fabcity - Recruitment by Companies has started.
Hyderabad's Fab City bags $4 Billion investment- Video
Will Reliance put up Fab Unit beside Srisailam Highway? February 08:
Vision Summit Bangalore. Confirmed Fabcity Investments at US$ 7 billion
Nanotech Shelves Semiconductor Fab Plan at Fabcity. Decides to go Solar. December 07:
SEMINDIA Fails to Submit Fabcity Proposal to Center. Fabcity still a Dream?
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:
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:
Finally, Centre rolls out Fab Policy Norms. The Projects to Submit Feasibility Report to Central Govt.
Tower Semiconductor in talks with SemIndia, HSMC.
Semiconductor Policy - Much Delayed Guidelines on Fab Policy is expected to be released this week.
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:
Fab City to house solar-cell cluster, in addition to SemIndia June 07:
Restriction on limit of Fab Units may be withdrawn.
Fabcity sees fresh interest. HSMC and others approach Govt.
Solar Semiconductor Drives into Fabcity with 4500 Crore Project.
Lufthansa Technik to Buid 100 Crore MRO Facility at Shamshabad
Fab City works to start within a month,
says IT Minister R. Damodar Reddy
APIIC approaches SEZ firms for Fab
The Govt looks to be clueless.
GO Released. Fabcity is on, afterall!-SemIndia to be the Anchor Customer at Fabcity.
SemIndia Expresses Happiness
Fabcity is On. Govt Extends Full Support
SemIndia Clarifies. GO to be Released Shortly.
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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