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No decision yet on Intel unit in India
 
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June 16, 2005 17:42 IST
Leading global chipmaker Intel on Thursday said it was yet to make up its mind on locating its $400 million assembly test manufacturing unit in India, despite IT and Telecommunications Minister Dayanidhi Maran claiming otherwise.

"From our end nothing has changed, we are still in the evaluation stage. We are evaluating several countries and locations for our possible future manufacturing site. India is still on that list but we have still not (not) made a final decision," Intel India president Ketan Sampat said on Thursday.

Maran, who met the company chief Craig Barrett in US early this month, had said Tuesday that Intel had decided to set up the facility in India.

When asked about the minister's statement that Intel had shortlisted Chennai, Bangalore and Noida as possible locations for setting up of the facility, Sampat said, "I think you would have to check this out with him," Sampat said that the situation was still the same as what it was in December 2004 when Barrett visited the country.

The company will be announcing the decision and the location in the next one month, we expect an investment of about $400 million for Intel's ATM facility," Maran had said.

Maran had visited the US earlier this month to woo IT and telecom majors to set up manufacturing bases in India.

Sampat, however, said that the company was setting up a India specific `emerging market platform centre' to study the needs of the local market.


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