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Intel says no decision yet on plant in India
By agencies
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Thursday, 16 June 2005, 19:30 IST
MUMBAI: The president of Intel India , the local subsidiary of the world's largest computer chip maker, said on Thursday no decision had yet been made on building a plant in India.
"From our point of view, nothing has changed. We're still in the evaluation process," Ketan Sampat said on the sidelines of a financial technology conference.
Earlier this week, Indian Communications Minister Dayanidhi Maran had said Intel planned to spend up to $400 million on a chip assembly and testing plant in India. It already has a development center in Bangalore.
"Several country locations are being evaluated for future manufacturing sites," Sampat said. "India's on that list, but Intel has not made a decision."