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Intel announces Rs 1,100cr investment blueprint for Bengaluru R&D centre

Source | https://yourstory.com 

The chipmaker said this facility, when it becomes operational, will be the first one outside the US and consolidate all its engineering operations into specialised R&D activities.

Intel today announced the setting up of its Rs 1,100-crore design and verification centre being built in Bengaluru, the first one outside the US.

Karnataka CM Siddaramaiah launches the blueprint for Intel’s new R&D centre, in Bengaluru. Also seen from left are Intel India GM, Nivruti Rai, IT Minister Priyank Kharge, IT & BT Principal Secretary, Gaurav Gupta, KBITS MD, Salma Faheem, Intel’s Jitendra Chaddah, and Sonny Underwood.

Karnataka Chief Minister Siddaramaiah launched the blueprint of the building, which apart from employing more numbers will also help enhance R&D capability and innovation out of India.

On the occasion, Siddaramaiah said Karnataka had always been in the forefront when it comes to the IT industry, and that such investments would bring tremendous job opportunities and strengthen the IT sector here.

The chipmaker also announced that the centre—housed in two buildings, one of which is ready—is being designed and built using green building codes and will follow a new construction technology.

State IT, BT, and Tourism Minister Priyank Kharge said,

Intel had recognised India’s potential early and had already invested Rs 28,000 crore in the country.

This R&D centre is expected to further provide jobs, and validates the potential of the state. We are hoping that in the near future, Intel will start manufacturing its chips too here as the government is providing a lot of impetus to start electronics’ manufacturing, including defence electronics as well as establishing centres of excellence.

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