Rs. 6000 crore semiconductor fab unit being established

Cricket semiconductor company’s CEO meets CM Mr. Chouhan

cm5.3.16Bhopal, March 5, 2016 (Ataullah Faizan):  Cricket Semiconductor Company’s CEO Mr. Lou Hutter met Chief Minister Mr. Shivraj Singh Chouhan here today. The company is setting up a semiconductor fabrication unit costing Rs. 6000 crore in the state. The Chief Minister said that the state government will extend every possible cooperation to the project. Mr. Hutter informed the Chief Minister of works being undertaken by the company. He informed that company is holding discussions with foreign investors for 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 following establishment of 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 large number of people. Principal Secretaries to CM Mr. Iqbal Singh Bains and Mr. S.K. Mishra were also present on the occasion.