NEW DELHI -Tech leaders, including Cognizant’s CEO Ravi Kumar S, Intel’s CEO Lip-Bu Tan, and Microsoft Chairman and CEO Satya Nadella, met Prime Minister Narendra Modi on December 9, assuring investment and further expansion of their operations in India.
Cognizant stated that they assured the PM that the company is committed to expanding in emerging cities within the country and will continue to promote growth and talent development.
Intel CEO Tan stated that he had a deep discussion with Modi on various aspects related to technology. The tech leader said that, during the meeting, he appreciated the effort that the Prime Minister is putting into having a robust domestic semiconductor design and manufacturing ecosystem.
Intel signaled a strong commitment to deepening its investments in India’s semiconductor ecosystem. It signed an MoU with the Tata Group, which enables the manufacturing, assembly, and packaging of Intel-designed products at Tata Electronics’ upcoming Fab and OSAT facilities, along with collaboration on advanced semiconductor packaging in India.
Through this partnership, in which Tata will provide manufacturing and packaging capabilities, Intel will be able to localize key parts of its supply chain. (IANS)
