Andhracafe.com- Hyderabad : World’s second largest chip company Advanced Micro Devices has plans to invest Rs 2500 crores in SemIndia’s Manufacturing facility at Fab City in Hyderabad.
Singapore-based Flextronics has also already announced its plans to pickup stake in this venture as well. With these latest developments, future and scope for the “Fab City” seems much brighter in the near future with more proposals coming along the way.
Real Estate value in this region has already gone up manifold and shows no sign of slowing down anytime despite the recent activity of Telangana issue and political fallout aftermath.