No commitment on setting up fab plant in India, says Intel India MD

Intel India Managing Director Santhosh Viswanath said that Intel, at present, does not have any plans of setting up a semiconductor fabrication plant or any manufacturing line for its products. However, he did say that the company will work with partners to enable the manufacturing ecosystem in the country.

Viswanathan said that India has just begun its journey in the manufacturing space and has ‘enough runway for growth’. He said that there is enough opportunity to build, but he did not comment on any plans of the company to set up either a semiconductor plant or any production line for manufacturing. He was addressing a media briefing over a video call on February 9.