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Intel signed on Wednesday a memorandum of understanding (MoU) with original design manufacturer VVDN Technologies, which will design, develop, and manufacture Intel-based products for telecom, networking, cloud and 5G in India. Some days ago Intel had denied reports of opening a manufacturing facility in India.
VVDN, which is based in Gurgaon, caters to global customers to develop products for 5G, networking and Wi-Fi, vision, Internet of Things, cloud, and apps. It has six manufacturing plants in Manesar, near Gurugram, and plans to invest Rs 500 crore over the next three years to expand its production capacity with a new plant
