US-based technology major Intel today announced investment of $178 million for R&D innovation in India.
Intel will utilize investment to set up the computing processor company’s new design house in Bengaluru, India.
Intel said India continues to remain Intel’s largest R&D site outside the U.S.
“Intel India plays a very strategic role in Intel’s growth, with contributions to Intel’s technology and product leadership,” said Nivruti Rai, Intel India general manager, vice president of Data Center Group.
New design house will help consolidate Intel India’s engineering operations into specialized facility for R&D activities in Bengaluru.
New smart and green building will be constructed using IoT-based smart features and renewable energy sources.
Intel has invested over $4.5 billion in the country since 1999.
The proposed facility will be located at Intel’s 44-acre campus on Sarjapur Ring Road (SRR) in Bengaluru, Karnataka.
With approximately 620,000 sq. ft. of space, including lab capacity, the new building with specialized infrastructure will be used for chip design and verification purposes. This additional capacity will help Intel India consolidate its R&D operations to a large extent at the SRR campus.
“Karnataka has always been in the forefront when it comes to the IT industry, being the centre of investment, our Invest Karnataka initiative is proving its worth with such beneficial investments in the recent years,” said Siddaramaiah, chief minister of Karnataka.
Intel India is Intel’s largest design center outside the U.S. In the past 15+ years since the company started its R&D operations in the country, Intel has invested in growing its R&D and innovation presence.
Intel India is engaged in engineering work such as chip/system-on-chip design, graphics, software and platform for the cloud, devices and IoT markets involving advanced technology areas such as artificial intelligence, virtual reality and 5G.