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India's semiconductor sector may upstage IT sector: ISA
Publish Date : 2/24/2007 8:29:00 AM   Source : Infotech News ExpressNewsline.com

Semiconductor industry is heading the same way the IT sector took 15 years ago, with the domestic demand for chips slated to reach 36 billion dollars by 2015.

Indian Semiconductor Association President Poornima Shenoy predicted that the market for electronics goods would reach 363 billion dollars by 2015 and push up domestic demand.

The recently announced semiconductor policy would further trigger investment, industry officials felt.

SemIndia Founder Chairman and CEO Vinod Agarwal said "...This semiconductor policy will lead to the same kind of achievements that the software policy did about 15 years back." The incentive package for the semiconductor industry is "reasonable" enough to excite global investors to invest in India, where the investment commitment over the next three years is expected to be in the range of 6-10 billion dollar, officials said.





IT counters help Nifty to recover 66 pts         Publish Date : 3/2/2007 7:03:00 AM  
Showing semblance of steadiness on the back of smart rally in IT counters, the S&P CNX Nifty today recouped by 66 points despite weak Asian advices, cutting short two days of steep decline.

Govt proposes to set up three new IITs         Publish Date : 2/28/2007 8:32:00 AM  
Government proposes to set up three new Indian Institutes of Technology (IITs) in Andhra Pradesh, Bihar and Rajasthan.

India's semiconductor sector may upstage IT sector: ISA         Publish Date : 2/24/2007 8:29:00 AM  
Semiconductor industry is heading the same way the IT sector took 15 years ago, with the domestic demand for chips slated to reach 36 billion dollars by 2015.

India's IT market to grow at 21.5 pc to touch Rs 750.891bn         Publish Date : 1/29/2007 8:29:00 AM  
Driven by huge investments across various sectors, India's domestic IT market is expected to grow at 21.5 per cent this year at Rs 75.891 bn, making it the fastest-growing segment in the Asia-Pacific region.

Bangalore - the gleaming IT hub hides a volatile core         Publish Date : 1/22/2007 11:32:00 AM  
Days after leading IT powers here flashed spectacular third-quarter results, pockets of the city housing the forgotten masses broke into violence with several injured in the mindless arson that left parts of India's .....

IT stocks plunge on Satyam earnings, global cues         Publish Date : 1/20/2007 7:42:00 AM  
Shares of IT majors fell across the board today on funds selling, triggered by poor performance of software major Satyam Computer Services in the third quarter as well as reacting to a fall in the tech-heavy NASDAQ Composite Index.

Maran hardsells India at Silicon Valley         Publish Date : 6/15/2005 8:10:00 AM  
IT Minister Dayanidhi Maran Tuesday returned from a five-day visit to San Francisco where he projected India as a strategic hub...

Dominican Republic to open embassy in Delhi         Publish Date : 6/11/2005 8:50:00 AM  
The Dominican Republic will soon open an embassy in New Delhi, the Caribbean country's IT Minister Eddy M. Martinez...

Amid Sanskrit prayers, MIT students receive degrees         Publish Date : 6/11/2005 7:29:00 AM  
Amid chants of Sanskrit prayers on a bright and sunny morning, some 2,300 students of the Massachusetts Institute of Technology (MIT)...

Indian American animator's works get unusual tribute         Publish Date : 6/10/2005 6:57:00 AM  
The award-winning animation films of Indian American Manick Sorcar have become the subject of a research paper in the US...

Total Results : 46  
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