Intel might set up semiconductor manufacturing unit in India
Intel, the chipset maker, may set up its semiconductor manufacturing unit in India, taking advantage of the Rs 76,000-crore production-linked incentive scheme for designing and manufacturing semiconductor chips in India.
“Intel — welcome to India,” tweeted Union minister for electronics and information technology Ashwini Vaishnaw, sparking speculation that the US tech major was firming up plans.
The minister welcomed Intel to India after Intel Foundry Services president Randhir Thakur congratulated the minister over the central government’s efforts to promote design and manufacturing of semiconductor chips in India.
“Congratulations to ministry of electronics and IT, Ashwini Vaishnaw, Rajeev Chandrasekhar for semiconductor design and manufacturing incentives for India as a hub for electronics and semiconductors,” tweeted Thakur.
“Glad to see a plan laid out for all aspects of the supply chain: talent, design, manufacturing, test, packaging and logistics,” he added.
Intel Foundry Services deals with designing and manufacturing assured integrated circuits by establishing and demonstrating a semiconductor IP ecosystem to develop and fabricate test chips on Intel 18A, Intel’s most advanced process technology.