Sources say that while Intel has ratified the deal, it cannot commit itself on paper until all legal approvals for the acquisition are completed
Experts point out that the simpler way to bring in chip manufacturing is to woo fab or chip making companies such as Intel, TSMC and Global Foundry into setting up operations here.
Three companies which have applied for the RFP to set up a semiconductor plant are readying for the next big steps by working on finalizing their technology partners in order to meet the government’s eligibility criteria for incentives under the semiconductor scheme.
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First Published: Wed, July 06 2022. 06:02 IST