Intel announces ₹1,100 cr investment in Bengaluru

June 14, 2017 04:12 pm | Updated 06:19 pm IST - Bengaluru

Global technology major Intel, on Wednesday, announced a ₹1,100 crore investment to set up a new design house in Bengaluru. The proposed facility will be located at Intel’s 44-acre campus on Sarjapur Ring Road (SRR).

With approximately 620,000 sq.ft. space, including lab capacity, the new building with specialised infrastructure will be used for design and verification purposes. “This additional capacity will help Intel India consolidate its Research and Development operations to a large extent at the SRR campus,” Intel said in a release.

“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 Chief Minister Siddaramaiah during the announcement.

Intel India is the U.S. major's largest design center outside its headquarters. The company, which started the India R&D operation about 15 years back, had made significant investment in the country.

Designed to be a ‘smart and green’ building, the upcoming facility, SRR4 (the Intel office) 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.

“The building will be equipped with IoT-based smart features, including smart lights and real-time occupancy management, and will use renewable energy sources, such as solar and fuel cell-based power,” the company said.

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