Intel says that it sees India emerging as one of the prominent destinations for its partners for product design and manufacturing opportunities enabled by the government’s Make-in-India project, as well as various production-linked incentive schemes.
Intel also believes that India is India is presenting itself as a destination for companies to move from Taiwan and China due to manufacturing constraints across certain geographies.
“We are seeing design and manufacturing opportunities for our partners here in India. Governance initiatives like Make-in-India are driving design opportunities from historical regions in Taiwan, or China or in other parts of Southeast Asia to India. We see a big opportunity here,” Steven Long, corporate vice president, and general manager of Asia Pacific and Japan, Intel Corporation was quoted as saying by the Economic Times.
Intel is monetising Indian 5G
India has committed to an investment of $30 billion in electronics and semiconductors. Last year, the government approved the Semicon India programme to develop India’s semiconductors and display manufacturing ecosystem.
The Narendra Modi-led government also wants to ensure that the next generation of devices and products are being architected and designed in India.
Intel has increased its focus on the Indian market and is actively participating in the country’s 5G network rollout. It is also helping Reliance Jio and Bharti Airtel with network technology solutions such as virtualised RAN (V-RAN) and Open RAN (O-RAN). Long added that Intel is monetising work with all three carriers in India and across Asia.
Exciting design work
“What excites me about Indian carriers is that there’s some design work that they are doing that historically would have been done by a Nokia, or Ericsson, or even some Taiwanese vendors… We are actually helping these companies export and grow their capabilities,” the executive further added.
Intel recently joined hands with Indian contract manufacturer VVDN to develop Intel-based client, data center and Internet of Things (IoT) products across key verticals such as telecom, networking, cloud and 5G.
Globally, Intel is doubling down on its foundry business. It previously said that it would acquire and merge Israeli chipmaker Tower to form a fully integrated foundry business and to compete with Taiwanese powerhouse TSMC.
TSMC holds over 53% of the global semiconductor market.