Profit

Intel to double its investment in India

PUBLISHED ON: July 24, 2008 | Duration: 2 min, 26 sec

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In December 2005, Intel's boss Craig Barrett received a red carpet welcome in India. Then, the IT minister Dayanidhi Maran, was wooing the tech major to set up a fab facility but that did not happen. But Barrett, instead, launched the Intel capital fund to invest in tech start-ups. But the fund was never really aggressively active.
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