Intel to invest over USD 120 million in its India R&D Center

23rd January 2014 | By Mouseworld Now Correspondent |

New Delhi, India, January 23, 2014:  Intel Corporation has announced that it will invest over USD 120 million in consolidating its existing research and development infrastructure in Bangalore. Intel has a large campus at Sarjapur Ring Road with two buildings called SRR1 and SRR2. The new building, SRR3, will cover 18 acres of land and comprise of two buildings. The estimated completion date for SRR3 is early to mid-2015.

The foundation stone was laid by Siddaramaiah, Honorable Chief Minister, Govt. of Karnataka. S R Patil, Honorable Minister for IT and Biotechnology, Science and Technology, Planning and Statistics, Govt. of Karnataka and Arvind Limbavali, MLA of Mahadevapura constituency also attended the groundbreaking ceremony.

President of Intel India Kumud Srinivasan said, “The India center makes significant contributions to the entire product portfolio offered by Intel. Our new capacity in Bangalore will give us the right resources to make a meaningful difference as the company moves into exciting areas like the Internet of Things. This move reinforces Intel’s commitment to invest and grow in India.”

Intel India has been involved across servers, PCs like All in Ones, 2 in 1s, smartphones, tablets and Internet of Things. The core competencies of Intel India include CPU, System-on-a chip, platform, software and graphics. Intel’s upcoming facility will be a global center of excellence for chip design.

 

© Mouseworld Now News Service

Tags: , , , , , , , , , ,

Leave your comment

IMPORTANT! To be able to proceed, you need to solve the following simple math

What is 6 + 11 ?
Please leave these two fields as-is:

Mouseworldnow Videos
  • r chandrashekhar president nasscom
  • Anant Maheshwari, President, Microsoft India
  • Suresh_Vaswani-220 by 220

Channel News

  • Cloudera Awards Top APAC Partners at annual Partner Summit more...
  • Rashi Peripherals Bags Indywood IT Excellence Award more...
  • Rashi Peripherals Conducts Multi-City Enterprise Partner Meet more...
  • Second Edition of Annual 4.5G & 5G Innovation Summit concludes on a successful note more...
  • Wydr launches India Wholesale E-Fair more...
Subscribe via email

Enter your email address:

Follow us on Facebook
QUESTION HOUR
What does the mouse ask?

Will the spurt in online video advertisement steal the twinkle from the TV ad platform?

View Results

Loading ... Loading ...
Newsletter Registration