Hyderabad Fab City In Trouble ?

Deccan Chronicle reports that state govt has decided to cut the SemIndia Fab city role to 75 acres from a proposed 5000 acre operation. Mr Agarwal of SemIndia was supposed to have his initial plant operational by June 2007 and all indications are that he has not started any work yet. Govt seems to have decided that it will give the remaining land on lease to any semiconductor company that wants to setup here.

Though all indications are that this will be revived through a renewed effort of bringing in small players into this project, the recent news for Hyderabad has not been very good in the manufacturing sector. Dell and other companies that were being invited by this great city have decided to move to Chennai. Chennai is slowly gaining momemtum to be the biggest manufacturing base in south india..