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

By:
Reuters
Published: Sep 7, 2022, 10:53 GMT+00:00

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

The Intel Corporation logo is seen in Davos

NEW DELHI (Reuters) – Intel Corp 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)

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