This news is very encouraging. If it takes off it will create a lot
more jobs than the software industry.
" BANGALORE, India — Intel Corp. will locate a production facility in
the southern Indian city of Chennai, according to a news report Monday
(April 11) quoting India's union minister for communications and
information technology, Dayanidhi Maran.
No further details about what will be manufactured at the proposed
plant, or whether it will be a fabrication facility, were available.
Past reports have assumed that an Indian manufacturing facility would
imply the construction of a wafer fab. Other observers have said this
is unlikely, and that a test and assembly facility for the chip
packaging is more likely.
According to a report in The Hindu of Chennai (formerly Madras), "All
multinational companies look for a very good deal and other
incentivespointing out that Intel had finalized its plans for a
manufacturing facility in Chennai." It quoted the minister as saying:
" They [Intel] are waiting for the special economic zone policy to be
announced."
The report said the minister had assured Intel Chairman Craig Barrett
when they met last year that the project would be put on a fast track
arrangement.
The minister was also quoted as saying that the federal government had
formed an interministerial task force from the telecoms, commerce and
finance ministers to coordinate all issues regarding the Nokia
manufacturing plant to make mobile devices announced last week.
Nokia's plant is also coming up in the state of Tamil Nadu, though not
in Chennia, the state capital.
Three more global telecom equipment manufacturers are shaping their
India plans, including Motorola and Nortel Networks, it quoted Maran
as saying."
http://www.eetimes.com/news/semi/showArticle.jhtml;jsessionid=3J0QVI2102VKCQSNDBCSKH0CJUMEKJVN?articleID=160700166
OR
http://tinyurl.com/6tg93
