Intel to build a new state-of-the-art design house in India

World’s leading chip maker, Intel has announced that it would invest Rs 1100 crore to expand its research and development (R&D) operations in India.

The company said it would build a state-of-the-art design house in Bengaluru spread over 44 acres.

 Nivruti Rai, General Manager, Intel India, said, "Intel India plays a very strategic role in Intel’s growth, with significant contributions to Intel’s technology and product leadership."

Rai added, "We are excited about expanding our best-in-class R&D infrastructure in India that will enable us to continue our momentum in doing cutting-edge innovation and design work from India. We look forward to working with the vibrant ecosystem in India and contribute to the country’s innovation journey."

The new facility is aimed to consolidate the company’s R&D activities in the country.

Priyank Kharge, IT Minister, Karnataka, said, "We have a very long-standing association with Intel. Today they have made an additional investment announcement. It reinforces the fact that Bengaluru is the most ideal destination for investment in R&D as well as IT (information technology) services and innovation. Intel is committed to ensure more jobs are created locally. The investment is stating the fact that employment will be created."