‘Fabs will lead to a sea change in tech arena’

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area in some years. The only deterrent will be that, initially, the per MB cost of a disc will continue to be much lower. But the solid-state media prices will come down drastically in a few years. Solid-state media has one bad thing. It is quite stable, but there is a degree of instability, which is that, in some pieces, you may lose memory. Otherwise, all of us use USB/pen drives. It is so convenient. We will set up a plant for that. Meanwhile, we will get it manufactured outside. We already have a long-term agreement with ST Microelectronics for the supply of semiconductor, the memory portion of it. We also have arrangements with various companies for controllers, capacitors and circuits. We need a larger production base for selling worldwide. The customers are waiting for us.

Do you have some plans for the energy sector?

That is still some time away. The government wants that 10% of all power needs must be met by renewables. We are signing up agreements rapidly with state governments….We will set up 60-80-mw solar farms there. Later, this will be diversified. Moser Baer photovoltaics will divest to those interested in earning regular money on their investments. It will be a big business.

So, what are the constraints that could hit India’s plans to make it big?