Xenitis Infotech Ltd., a Kolkata-based PC Assembly technology company, has announced plans to invest Rs.1,200 crores for establishing a chip manufacturing facility in the Fab City coming up on the city outskirts, which would be the company’s first establishment outside West Bengal.

A delegation of Xenitis, engaged in the manufacture of personal computers and computer spares, that met Chief Minister Y.S. Rajasekhara Reddy with its plans for the proposed facility was assured all the necessary support from the State Government for the project that is to be implemented in phases.

Xenitis president and chief financial officer Ambar Mukherji said the company had excellent long-term relationships with Taiwanese and Chinese hardware manufacturers and the move to set up the manufacturing base for chips for mobile phones was a logical extension to it. Ambar Mukerji said they were in talks with a couple of Taiwanese semiconductor majors for technology transfer for their project. According to Mukerji, Xenitis is already in talks with cellphone manufacturing companies like Ericsson for supply of mobile chips to be produced at the proposed Hyderabad unit. “Hyderabad has been chosen for the project as it has certain distinct advantages,” he said. Xenitis was expected to finalise the strategic partner shortly.

The project would be taken up in three phases of Rs.400 crores each that would be part funded through debt and equity. The project would also seek Central and State Government support as well. This would be in the form of land and about 30 per cent Central equity support. The State has allotted 100 acres of land for the chip unit in the Fab City Project. The company was already in talks with certain financial institutions that had agreed to support the project.

Many software majors like Wipro and HCL are excited over the proposed semiconductor unit as the domestic availability would provide cost benefit to them.

About Xenitis:
A group of young professionals with impeccable academic record, solid professional reputation and enviable success achieved at an early age, decided to move away from their monotonous safe lane. Reluctant to keep the fumes of hope confined in the conventional success they ventured to sow the seeds of brilliance. And soon the harvest came in – ‘Xenitis’, they named it. Aamar PC from Xenitis is the first branded PC manufactured in Eastern India.

Today, Xenitis has unfolded new range of PC products and accessories starting from Desktop, Laptops and High end Servers, which shall redefine the looks and power of PC in the subcontinent in terms of Colorful Computers & first indigenously manufactured Laptops.