Bangalore: Intel Corporation announced that it will invest over $120 million in consolidating its existing research and development infrastructure in India. Intel has a large campus at Bangalore and the new buildings will cover 18 acres of land estimated to be completed by mid 2015.

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

“The India center will make contributions to the entire product portfolio offered by Intel, said Kumud Srinivasan, president of Intel India. “Our new capacity in Bangalore will give us the right resources as the company moves into 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. 

Not only is Intel India recognized for its engineering expertise, it has also been one of Top 3 Great Places to Work for 5 years in a row. As a responsible corporate citizen, Intel runs various programs to increase awareness around the role and usage of technology in improving people’s lives.
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