NEW DELHI : The International Semiconductor Consortium’s (ISMC’s) proposed $3 billion chip fab in Mysuru is likely to start construction as early as February if the central government okays the company’s application for financial incentives. ISMC is one of the three consortia shortlisted by the Centre to be eligible for the incentives. The three proposals for wafer fabs worth $13.6 billion have sought government support to the tune of $5.6 billion. “We will probably become the first state in India to have a semiconductor fab. ISMC has the technology and the capability. Subject to the central government’s approval, we hope…