MW Zander to Build Fabcity in Hyderabad, India

Released on = April 5, 2007, 3:46 am

Press Release Author = Exclusive Ventures

Industry = Semiconductors

Press Release Summary = The 3.5Billion Semiconductor Manufacturing Facility
(Fabcity) promoted by SemIndia at Hyderabad is in the process of taking off to the
construction stage, consequent to arrangement with Stuttgart based M+W Zander for
design of ATMP facility.

Press Release Body = M+W Zander head quartered in Stuttgart, will design and build
the ATMP plant of Fabcity promoted by SemIndia, Hyderabad. Zander has built
Semiconductor Foundries for AMD, CSM, Siemens and Siltronic. Its a world leader in
aspects of high-tech construction and production focused on clean room technology
for the electronic, solar, pharmaceutical, chemical, biotechnological and
food-processing industries.

Recently, the Govt. of India had notified an investor friendly Semiconductor Policy
which provides for with fiscal and operational incentives for setting up chip
manufacturing units in India. Several Foundries are expected to be set up in India
with combined investment of $12 to 15 Billion. Since the incentives will be provided
only to the first 2 or 3 Companies, promoters are working hard to put financial
structure in place. SemIndia's Fabcity with land allocation on Srisailam Highway
near the New International Airport at Hyderabad is the clear front runner. Fabcity
also has also received SEZ (Special Economic Zone) Status for the core area of
120 Hectares. SemIndia has technology tie up with AMD. It has roped in IMEC, Belgium
as R&D partner.

Hindustan Semiconductor Manufacturing Corporation (HSMC) has roped in Infineon
Technologies, Germany as its technology partner for the proposed $4Billion Foundry.
Its in the process of finalizing location for the Project.

Exclusive Ventures has been monitoring the progress of the Fabcity project from
initial stages. "The commencement of construction at the Fabcity, will rewrite the
fortunes of the sleepy neighborhood. The 10Km stretch of road along the Srisailam
Highway will have several Special Economic Zones in the IT area. Apart from
Fabcity and Gems Park which are already notified, IT projects by Indu Tech,
Stargaze, JT Holding and Brahmani are expected to be notified as Special Economic
Zones shortly. Proposals for SEZs by INFOSYS, TCS, WIPRO, EBC, HAMCO, COGNIZANT etc.
are at various stages of approval process. This would make, the location very
unique and prominent with largest number of operational SEZs in India!" Said Mr.
Pramod Kiron, CEO of Exclusive Ventures.

The entry of M+W Zander in design and construction is expected to heat up the race
for the projects to seek approval, under the Semi Conductor Policy.

# # #

Web Site =

Contact Details = Contact:
Exclusive Ventures
No:5, 8-2-611/3, Road No:11
Banjara Hills,
Hyderabad, India. 500034

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