India to Launch World`s Biggest Thin Film Fab

Released on = April 7, 2007, 2:47 am

Press Release Author = Shushmul Maheshwari

Industry = Semiconductors

Press Release Summary = With the launch of world`s largest thin-film fab,
India is all set to make a considerable move in its photovoltaic industry.

Press Release Body = Arguably India, a country with a population of above one
billion, has one of the most advanced high-tech sectors across the world. The
country is now preparing for a giant leap in the field of photovoltaic. On March 5,
2007, MoserBaer, India`s one of the leading technology firms, announced a
joint venture with Applied Materials, one of the biggest blue chip manufacturers in
Silicon Valley of California. The company is going to enter the partnership to
construct the largest thin-film fab of world.

The thin film manufacturing plant, MoserBaer is planning to produce, will swathe the
area of 5.7 square meter. The company claims the fab to be the largest in world, as
the industry benchmark at present is 1.5 square meter.

India has immense potential not only as a center for solar panel production but also
as an end-market for photovoltaic (PV) electric power. Mark Pinto, Chief Technical
Officer with Applied Material said this in a statement that THE FINANCIAL EXPRESS
published on 6 March 2007.

\"Providing affordable renewable sources of energy is paramount in this century. In a
high energy demand country like India with abundant sunlight, affordable
photovoltaic generation will be key to sustaining our growth\", said Kapil Sibal,
science & technology minister for Indian Government, in a statement that published on 5 March 2007.

As per the RNCOS report “Photovoltaics - A high potential market opportunity
(2005-2010)”, “India is among those few countries in Asian region that
have a govt. department exclusively dedicated to renewable energy’s promotion
& support. There has been a continuous decline in the costs of photovoltaic. As a
result of which numerous opportunities have come out for PV’s deployment,
particularly in developing low-cost economies like China and India with a highly
price conscious population.”

This research report on “Photovoltaics - A high potential market opportunity
(2005-2010)” provides extensive research and objective analysis of The Global
IT Security Market. This report throws light on all aspects of Photovoltaic
industry, issues discussed and analyzed in this report include: opportunities that
exist in the Photovoltaic industry, impact of the government support programs on the
overall industry, potential emerging photovoltaic markets, drivers for photovoltaic
market, analysis of the major players in the industry etc.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

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Contact Details = RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92

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