SME Times is powered by   
Search News
Just in:   • Equity indices break two-day losing streak on value buying  • IMF urges Sri Lanka to tighten monetary policy  • Global semiconductor sales to reach $676 bn this year: Gartner  • Tinna Rubber hits upper circuit, investors accumulate 900% returns in year  • Availability of jobs in Japan improves for 1st time in 3 yrs 
Last updated: 15 Jun, 2017  

Intel Announces Rs 1100 Crores Investment in Bengaluru

NewsVoir | 14 Jun, 2017
Reinforcing its commitment to advance cutting edge research and  development (R&D) and innovation in India, Intel today announced that it will invest over INR 1100 crores* to expand its R&D presence and build a new state-of-the-art design house in Bengaluru. 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 design and verification purposes. This additional capacity will help Intel India consolidate its R&D operations to a large extentat the SRR campus.


Designed to be a `smart and green’ building, the upcoming facility, SRR 4 will be constructed using ‘One Storey High Technology’,with each floor being built on 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 andreal-time occupancy management, and will use renewable energy sources like solar and fuel cell-based power.


“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. Such investments will bring tremendous job opportunities and strengthen the IT sector in the country.” said Siddaramaiah, Chief Minister of Karnataka.

Intel unveiling new building blueprint


“Bengaluru 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 plays a very strategic role in Intel’s growth, with significant contributions to Intel’s technology and product leadership,” said Nivruti Rai, Intel India General Manager, Vice president of Data Center Group. “We are excited about expanding our best-in-class design capabilities in India that will enable us to continue our momentum in doing cutting-edge innovation and design from India. We look forward to working with the vibrant ecosystem in India and contribute to the country’s innovation journey and growth”.


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 consistently invested in growing its R&D and innovation presence here. It has invested in hiring and developing talent, state-of-the-art facilities and innovation and entrepreneurship programs. Intel India is engaged in cutting edge 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.


*@ Rs 64 per US$ conversion

**The first building using `One Storey High Technology’ is Intel India’s recently constructed building in its Bengaluru campus. It became operational in January 2017.


About Intel

Intel (NASDAQ: INTC) expands the boundaries of technology to make the most amazing experiences possible. Information about Intel can be found at and

Print the Page Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 27 Apr, 2022
  Daily Poll
COVID-19 has directly affected your business
 Can't say
  Commented Stories
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter