Semiconductor maker Intel has expressed an interest in building a new facility in India and is likely to seek incentives under the new program to encourage manufacturing for the development of a sustainable semiconductor and display ecosystem, said sources knowledgeable about the development . The new unit could be set up to develop and manufacture test chips on Intel 18A, which is one of the company’s newest technologies, according to sources.
Intel did not respond to inquiries asking for confirmation as to whether it had actually applied to set up a new plant and whether the new plant would include work on 18A chipsets. Earlier in the day, following a tweet from Randhir Thakur, Senior Vice President and President of Intel Foundry Services, Minister of Electronics and Information Technology (MeitY) Ashwini Vaishnaw greeted the company in India with the tweet “Intel-welcome to India”.
Vaishnaw’s response came to a tweet from Thakur in which he congratulated MeitY, Vaishnaw, and Minister of State for MeitY Rajeev Chandrasekhar on the new plan to establish new units for the domestic production of high-end semiconductor fabs and fabless chips, among other things hardware .
“Congratulations to @GoI_MeitY @AshwiniVaishnaw @Rajeev_GoI for the semiconductor design and manufacturing incentives for India as a hub for electronics and semiconductors. I’m excited to see a plan for all aspects of the supply chain: talent, design, manufacturing, testing, packaging and logistics, ”Thakur tweeted.
In an interview with The Indian Express earlier this month, Vaishnaw said that the new scheme for domestic semiconductor wafer manufacturing equipment manufacturing was vastly different from the older systems as the country now had the capacity to consume the new chips.
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