Intel will become the first major semiconductor manufacturing company to set up shop in India?

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The Indian government is encouraging semiconductor manufacturers to set up shop in the country. As of now, none of the major chipset brands have confirmed whether they are willing to start chip production anytime soon. However, a major hint has been left suggesting that Intel may be interested in India.

Intel SVP and President of Intel Foundry Services, Randhir Thakur had lauded the Government of India’s move to encourage semiconductor manufacturers. He appreciated the government’s effort to make India a hub of electronics and semiconductors. In a tweet, he said, “Congratulations @GoI_MeitY @AshwiniVaishnaw @Rajiv_GoI for promoting semiconductor design and manufacturing for India as a hub of electronics and semiconductors. All aspects of supply chain: talent, design, manufacturing, testing, packaging and Glad to see a plan for logistics.

In response to this tweet, Electronics and Information Technology Minister Ashwini Vaishnav said, “Intel – Welcome to India.”

There is no official confirmation from the company about any decision to set up the manufacturing facility. BGR.in has contacted Intel for confirmation. Stay tuned for the latest developments.

Which has become the first major semiconductor manufacturing company after Intel to set up shop in India? Appeared first on BGR India.

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