Intel to invest $178m in India
Reinforcing its commitment to advance cutting-edge research and development (R&D) and innovation in India, Intel Corporation today announced it will invest US$178 million 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 chip design and verification purposes. This additional capacity will help Intel India consolidate its R&D operations to a large extent at the SRR campus.
Designed to be a “smart and green” building, the upcoming facility, SRR4, will be constructed using innovative “One High Technology,” with each floor being built on the ground, then lifted and attached to the of the building, and then built from the roof downward. This technology will enable the reduction of scheduled construction time by 30 percent as compared to traditional construction methods. The second1 such building in India, it will be constructed entirely by local contractors, will be equipped with IoT-based smart features, including smart lights and real-time occupancy management, and will use renewable energy sources like fuel cell-based power.
To meet the growing need for vehicle parking space at its Bengaluru campus, Intel is also building a multilevel car parking (MLCP) facility with about sq. ft. of built-up space. The construction material for the MLCP have been locally sourced, with a majority being recycled and low-emitting material.
“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.
“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, Minister of Information Technology & Biotechnology, 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 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.”
Intel India is Intel’s largest design center outside the U.S.