Bangalore, June 15, 2017: Intel has announced an additional investment of Rs 11 billion ( Rs 1100 crores) in its 44 acre R&D facility on the Sarjapur section of the Outer Ring Road here. The funds will be used to build a a new 62,000 sq. m. state-of-the-art smart-n-green design house.
The upcoming facility, "SRR4" 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 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.
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. It 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.
Presiding over the function where the expansion was kicked off, state Chief Minister Siddaramaiah said: “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.”
Added state Information Technology Minister Priyank Kharge: “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.”
“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”.
Since 1999 Intel has cumulatively invested Rs 28,000 crores ( $ 4.375 bn) in India