[lbo-talk] India to pitch for Intel’s chip unit

Sujeet Bhatt sujeet.bhatt at gmail.com
Sat Jun 4 22:28:03 PDT 2005


Maran to pitch for Intel's chip unit Sunday, 05 June , 2005, 08:42

New Delhi: In a bid to persuade chip giant Intel to set up an Advance Test Manufacturing facility in India, the Minister for Communications and Information Technology, Dayanidhi Maran, would meet the Intel Chairman, Craig Barrett, during his visit to the US beginning tomorrow.

The visit, aimed at promoting and projecting India as a strategic hub for manufacturing, marketing, research and development (R&D) and services, would see Maran pitching for major international investments in the hardware manufacturing sector with a special emphasis on creating additional jobs. The Minister would meet Barrett and hand over a letter from the Prime Minister, Dr Manmohan Singh, regarding setting up of Intel's facility in India and impress upon Intel as to the benefits that would accrue to the company in the event of their setting up an Advance Test Manufacturing facility in India, an official release said here.

Maran had announced last month that the Government would impress upon the US-based chipmaker to set up a manufacturing unit in India. He had said that the global giant had shortlisted China and India for setting up a factory. At present, Intel does not make hardware in India, but has a software development centre in Bangalore where most of Intel's 1,500 employees in India are located.

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