Intel India has no plans to make semiconductors: MD

Intel has no plans to set up a semiconductor fabrication unit in India in the near future and is unlikely to expand its existing manufacturing capacities on other products, said India managing director Santosh Viswanathan.

- Gulveen Aulakh

The technology firm is instead focusing on enabling domestic players in the production-linked incentive (PLI) scheme to scale up electronics manufacturing, which he said would lead to more jobs.

"At this point in time, we don't have any plans to do a fab or build any manufacturing capacity in India, but it doesn't mean the engagement stops. We are constantly engaged in the conversation on building the infrastructure and really set it up for the years ahead," he said.

He noted that while India's policies on making it a semiconductor hub will bear fruit, companies like Intel that were operating in the leading edge of chip manufacturing take into consideration several factors like proximity to clients, proper supply chains, target markets, shipping rates and geopolitical stability, besides local incentives as the plans require heavy capital investments.