The India government plans to build up good Intel

Beijing on January 13th news, according to India media reports, Intel invested $700 million in India to build the wafer test factory plans again schedule, but the company hopes to get additional subsidies and incentives from the India government.

Intel last year to give up plans to invest and build factories in India, but recently Intel executives with the India government officials held talks, hope for the future of the new factory to get free land and exemption from income tax for 15 years and the dividend tax preferential policies. In addition, Intel also hopes to get $45 million unsecured loans. Frank - director of Intel India Jones (Frank Jones) department led the executive team with India finance minister Kida Baram (P. Chidambaram), and communications and information technology minister Dayami Di - Mullen (Dayanidhi Maran) in India, capital of New Delhi held a meeting, and put forward a new Intel plant in India.

India government has set up a high-level team to assess the conditions proposed by Intel. Intel said the company is ready to start the project in India. Intel will make a decision before March this year, if agreed with the government of India, the construction work will immediately commence.

Intel has accelerated the pace of expansion to India, in December last year, it was reported that the company plans to invest $1 billion in India. However, Intel plans to build a test plant in India has been stuck on paper, failed to implement.

Late last year, Intel delayed plans to build a hardware factory in India, because the government of India failed to meet the conditions of the company. At that time, Intel hopes to receive $100 million from the India government subsidies, but the two sides did not compromise, and ultimately the company decided to build a new plant in israel. In a recent meeting, the India government officials again suggested that Intel in India to build a complete chip factory. Mullen, Minister of communications and information technology, at the Centrino Duo mobile processor conference in India this week, threw an olive branch to Intel, hoping that Intel would use India as a production base. He also said that if Intel chip factory in India, the India government will give special preferential policies.