Intel has recently shown their interests in setting up a new plant in India and is likely to apply for incentives under the new scheme to promote manufacturing for the development of sustainable semiconductor and display ecosystem, sources in the know of the development said.
Earlier following a tweet by Randhir Thakur, a Senior Vice-President and President of Intel Foundry Services, Minister for Electronics and Information Technology (MeitY) Ashwini Vaishnaw welcomed the company to India by tweeting “Intel- welcome to India”.
“Congrats to @GoI_MeitY @AshwiniVaishnaw @Rajeev_GoI for Semiconductor design & manufacturing incentives for India as a hub for electronics & semiconductors. Glad to see a plan laid out for all aspects of the supply chain: talent, design, manufacturing, test, packaging & logistics,” Thakur had tweeted.
Vaishnaw’s reply came to a tweet by Thakur in which the latter congratulated MeitY, Vaishnaw and Minister of State for MeitY Rajeev Chandrasekhar for the new scheme which envisages setting up new units for domestic production of high-end semiconductor fab and fabless chips, among other newer hardware.
The new unit, sources said, could be set up for the development and fabrication of test chips on Intel 18A, which is among the newest technologies developed by the company.
Intel did not respond to queries asking its confirmation on whether it had indeed applied for setting up a new plant and whether the new plant would involve work on 18A chipsets.