The Indian government has authorised the countrys first micro-processors and silicon chips manufacturing facility for the IT industry, BBC Online reports Thursday.
The 3 billion US dollar (18,6 milliarder DKR) project will be based in the southern city of Hyderabad and is expected to create 10.000 new jobs in the state of Andhra Pradesh.
The project is important for India, as despite being a leading global player in the IT sector, it has to import key components of computer hardware. Experts say that by 2015, Indias IT sector will be worth 22,6 billion dollar.
It was a close race between the huge countrys two leading hi-tech cities – Hyderabad and what is known as Indias Silicon capital, Bangalore in southern Karnataka, which has become the countrys IT-hub
As part of the 3 billion-dollar project, 20 micro-processor and silicon chip manufacturing units for the IT industry will be set up, the Andhra Pradesh chief minister, YS Rajasekhara Reddy, said.
