Wooing Make in India and in understanding the strong demand of next-gen chip design in India, The US chip giant, Intel has established its latest state-of-the-art design house in Bangalore at an investment of Rs 1,100 crore.
The design facility dubbed as ‘SR4’, will expand Intel’s R&D presence in India, has been built at Intel’s 44-acre campus in Bengaluru.
“The Rs 1,100-crore centre will design chips and power them to work for new technologies like cloud, client, graphics, Artificial Intelligence (AI), blockchain, Internet of Things (IoT) and 5G,” Intel India country head Nivruti Rai said.
It has 6.2 lakh sq ft of space, including 1 lakh sq ft of lakh sq ft of lab infrastructure and will house technologists who work on cutting-edge engineering across hardware and software.
The design facility was inaugurated by Manoj Sinha, minister of state (IC) for communications and minister of state for railways and Bob Swan, CFO and interim CEO of Intel Corporation.
Swan said, “This year Intel celebrated its 50th anniversary, marking a half-century of innovation that has profoundly changed the world. This milestone is an opportunity to embrace a new Intel, a different, fast-paced, global company that’s adapting, growing and building the future.
The India design hub is the largest outside the US, Rai said.
The $63-billion semiconductor behemoth has invested about Rs 30,000 crore (about $5 billon) in its India operations over the last 20 years since it entered the sub-continent to leverage its skilled talent pool, according to a report shared by BS.