Meeting research policy Intel consider India wafer testing plant

According to "Business Standard" report from New Delhi, Intel has picked up a plan early, ready to invest $700 million in India to build a wafer test facility, but asked the India government to provide more preferential policies.

Reported that the original seems to have given up the plan of Intel, the day before meeting with government officials in India, the test requirements for the factory to provide 15 years of free land policy and income and dividend tax relief, and at the same time in seeking $45 million in unsecured loans.

India government set up a senior team, Intel research requirements and consider what conditions can meet Intel. According to reports, Intel has made a commitment to the government of India, said it would be responsible for the positioning of the proposed project. Intel will make a decision before the end of March, if you decide to start the work, then immediately start the factory building.

Intel strengthened the commitment to India. In December last year, Intel has said it would invest $1 billion in India. However, the company plans to build a test plant in India has been wavering.

At the end of 2005, Intel said the government of India, the India government refused to Intel's request to make concessions, has shelved its plans to build factories in India. Moreover, Intel had decided to build a plant in Israel, rather than in India.

Reported that during the meeting, India officials reiterated their suggestion to Intel, it hopes to create a full range of semiconductor factory in India.