Intel announces Rs 1100cr investment to expand its R&D presence in Bangalore

By : |June 14, 2017 0

Intel has announced an investment of Rs 1100 crores to expand its R&D presence and build a new state-of-the-art design house in Bangalore. The proposed facility will be located at Intel’s 44-acre campus on Sarjapur Ring Road (SRR) in Bangalore, Karnataka.

Designed to be a ‘smart and green’ building, the upcoming facility, SRR4 will be constructed using ‘One Storey High Technology’, with each floor being built o the ground, then lifted and attached to the top of the building, and then built from the roof downwards. This Technology will enable reduction of scheduled construction time by 30 percent, as compared to traditional construction methods.

The second such building in India, it will be constructed entirely by local contractors. The building will be equipped with IoT-based smart features, including smart lights and real-time occupancy management, and will use renewable energy sources like solar and fuel cell-based power.

“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,” said Nivruti Rai, Intel India general manager and vice president of Data Center Group.

“Bangalore has the right potential required for growth in the IT industries and such an investment will propel the state and in turn move the country forward in achieving greater heights. This is one of the many investment agendas that we have planned for the state. I’m confident that Intel’s investments will encourage innovation and bring in more opportunities” said Priyank Kharge, IT, BT Minister, Government of Karnataka.

Intel India is Intel’s largest design center outside the United States and is engaged in cutting-edge engineering work such as chip or 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.

No Comments so fars

Jump into a conversation

No Comments Yet!

You can be the one to start a conversation.