Intel To Set Up Biggest R&D Centre Outside U.S. In Bengaluru
Intel Corporation will invest Rs 1,100 crore (around $165 million) to set up a research and development centre in Bengaluru, its biggest outside the U.S., the chip maker said on Wednesday.
“With the fresh investment in the new design house, we are looking at newer technologies like artificial intelligence, connectivity with 5G, providing solutions for cloud,” Nivruti Rai, general manager and vice-president of data group at Intel India, said in an interview to BloombergQuint.
The latest investment will be in addition to the Rs 28,000 crore the company has invested since 1999 and will help Intel India consolidate its R&D operations in one campus.
The 6.2 lakh sq. ft feet facility will be located at Intel’s 44-acre campus on Sarjapur Ring Road in Bengaluru and will be used for chip design and verification purposes. Rai said the facility will be ready in about 13 months.