Tuesday, June 14, 2005
Intel plans to spend up to $400 million on a chip assembly and testing plant in India, Communications Minister Dayanidhi Maran said.
India, with its creaky infrastructure, had been considered a long shot among the Asian countries such as Singapore, China and Malaysia lobbying to attract Intel.
Intel makes chips in the United States, Ireland and Israel, then ships them to sites in Asia and Costa Rica to be assembled and tested. It lacks a complete manufacturing plant in Asia, its fastest-growing market, a deficiency executives had said they would like to address.
Intel already has a development center in Bangalore, which designs and develops software to power chips that drive computers and high-end networks for Internet-based applications.
Potential locations include the southern port city of Madras, tech capital Bangalore or the Noida industrial township near the Indian capital, Maran said. A formal announcement will be made by California-based Intel within a month, he added.
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