This is a discussion on Intel India within the Investment forums, part of the Financial Services category; India Tuesday said it would urge the world's biggest chip maker Intel to set up a manufacturing facility in the ...
India Tuesday said it would urge the world's biggest chip maker Intel to set up a manufacturing facility in the country, even as the company was contemplating on moving into either India or China.
"I am meeting Intel chief Craig Barett this month-end and I have a one-point agenda - to press him for setting up a manufacturing facility here," Communication and IT Minister Dayanidhi Maran told reporters on the sidelines of a telecom seminar.
Maran, who said IT companies should participate in the robust growth witnessed by the Indian IT industry, would be leaving for the US later this month to pursue his mission.
Intel already has a facility in Bangalore for key semiconductor design work.
Earlier, addressing the seminar organised by the Department of Telecom and the British Telecom, he said India was committed to liberalising the telecom industry further to allow convergence of technology and market.
He said the Indian telecom industry was witnessing a boom, and pointed out that the country had achieved a telecom subscriber base of 100 million this year, though the National Telecom Policy of 1999 had only set a target of commissioning 75 million telephone lines by 2005.