LONDON -- Intel Corp. has reserved 50 to 70 acres of land in Chennai, in the South of India, for a manufacturing plant, according to a report in the Economic Times.
The land is at the Siruseri IT Park, the report said, adding that Intel executives had earlier looked at other sites, including one in the Mahindra Industrial Park.
"Intel has finalized its plans for the Chennai plant over the last fortnight and is expected to sign an agreement within the next few weeks," the report quoted an un-named local official as saying.
However, it remains unclear whether Intel is considering a wafer processing facility or, more likely, a test and assembly facility in the city.
Intel invited a team of local officials from the Tamil Nadu district, where Chennai is located, to visit the company's facilities in Malaysia to gain an appreciation of Intel's plans for Chennai, the report said. Intel does not have a wafer fab in Malaysia, but does employ 8500 people in chip test, assembly of packaging and local engineering tasks.
A second report in InfoWorld quoted a spokesman for Intel India as saying the company had not finalized plans for a fab in Chennai, before adding that the spokesman had not ruled out the possibility of an Intel fab in India.
"There is no definite plan to set up a manufacturing facility in India, even at a nascent stage," the InfoWorld report quoted Varghese Thomas, communications manager at Intel India, as saying. "It is Intel's strategy to keep looking out for sites globally, for possible future expansions in growing markets," the report also quoted Thomas as saying.