Why Intel is betting big and remains bullish on India

In 2021, Intel announced a shift in strategy with the IDM 2.0 and the chipmaker strides towards reclaiming its position in the market by 2025. The chipmaker continues expansion in the Asia Pacific and Japan (APJ) region with growing investments towards packaging facilities, foundries and research and development across the globe. Spearheading this revival is the Asia Pacific and Japan (APJ) region, with India emerging as the fastest-growing market.

Steve Long, Intel’s General Manager for Asia Pacific and Japan, highlighted India’s demographic advantage, encapsulated by its representation of 50 per cent of the global population.