Intel says it has no current plans to start manufacturing in India – Reuters.com - News Ravel Rack

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Thursday, September 8, 2022

Intel says it has no current plans to start manufacturing in India – Reuters.com

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

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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.

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

Our Standards: The Thomson Reuters Trust Principles.

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