Intel says it has no current plans to start manufacturing in India

The Intel Corporation logo is seen  in Davos

The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS/Arnd Wiegmann

NEW DELHI, Sept 7 (Reuters) – Intel Corp (INTC.O) currently has no plans to establish a manufacturing facility in India, the company said in a statement on Wednesday.

The comments came after India's transport minister said earlier in the day that the chipmaker will set up a semiconductor manufacturing plant in the country.

Reporting by Munsif Vengattil in New Delhi; Editing by Andrew Heavend

Our Standards: The Thomson Reuters Trust Principles.

Source:www.reuters.com

No votes yet.
Please wait...

Leave a Reply

Your email address will not be published. Required fields are marked *