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before that we need to achieve many milestones. Also, we need to work out the licencing policy," he adds. Another LED chip fabrication attempt Meanwhile, De Core Nanosemiconductor, led by a Punjab based techno preneur, Deepak Loomba, is setting up what it claims will be the country's first semiconductor chip plant, at Gandhinagar in Gujarat. The facility will
initially manufacture semiconductor chips for LED lamps. "We are setting up an LED lamp plant in Noida in two months, where these chips will be used. This will bring down the cost of our LED lamps," says Loomba. The company intends to invest Rs 900 crore on the Gandhinagar plant. The Gandhinagar plant will have the capacity to produce 400 million chips annually.