Wednesday, May 28, 2008

India High On Intel's Manufacturing Plans

India continues to rate high on Intel's list of possible investments to build a manufacturing plant. The chip maker had earlier too expressed interest in setting up a chip-making plant in India but due to the delay in chip policy decision, Intel moved to China and Vietnam. Craig Barrett, Chairman, Intel Corporation said, "The delay by Indian government in formulating a semiconductor policy to encourage chip manufacturing, prompted Intel to look elsewhere like China and Vietnam. However, now there is no need for additional capacity, but whenever it'll be required, India remains high on the list for setting up a manufacturing facility."Intel also announced alliance with 16 companies in India to expand its efforts to provide people in developing countries with the benefits of technology for its World Ahead Program. This alliance pledges to apply technology to advance health, education and rural empowerment. Intel India has also signed an agreement with the New Delhi affiliate of the United Nations Educational, Scientific, and Cultural Organisation, (UNESCO) to create a partnership focused on advancing Intel's Education initiatives."Intel's goal is to provide opportunities for people worldwide to participate in today's global economy through information and communication technologies (ICT). In collaboration with local and worldwide organisations and companies, we are working to bring people more PCs, tools and services that are customized for their local needs,"

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