The Indian govt is incentivizing semiconductor manufacturers to set up shop in the country. So far, none of the major chipset brands have confirmed if they are willing to start chip production anytime soon. However, a major hint has been dropped suggesting that Intel might be interested in India after all. Also Read - Indian smartphone market grew by 11% to ship 169 million smartphones in 2021
Intel SVP and President of Intel Foundry Services, Randhir Thakur had shared appreciation for the Indian government’s move to incentivize semiconductor manufacturers. He acclaimed the govt for its attempt to make India a hub for electronics and semiconductors. In a tweet he said, “Congrats to @GoI_MeitY @AshwiniVaishnaw @Rajeev_GoI for Semiconductor design & manufacturing incentives for India as hub for electronics & semiconductors. Glad to see a plan laid out for all aspects of the supply chain: talent, design, manufacturing, test, packaging & logistics.” Also Read - Intel may soon launch new chipsets built for cryptocurrency mining: Check details
In response to this tweet Minister for Electronics & Information Technology, Ashwini Vaishnaw said, “Intel – welcome to India.” Also Read - Govt clarifies doubts about Vodafone Idea operations after stake sale announcement
There has been no official confirmation from the company about any decision to establish a manufacturing facility. In response to BGR.in’s query, an Intel spokesperson said, “Intel India is Intel’s largest design centre outside of the US and we have been investing towards accelerating innovation and design engineering in India over the last two decades. However, we have no new plans to announce at this time.”
India mostly imports chipsets and semiconductors to assemble them into smartphones and other electronics. The introduction of a global player like Intel will have a direct impact on the country’s ability to produce electronics and even export chipsets to other markets. The chip shortage has long plagued the electronics and automobile industry, leading to low supply and much longer waiting periods for the end consumer. The establishment of a new chip factory in India could finally alleviate the issue of chip shortage for companies producing appliances, smartphones, and automobiles in the country.