Intel invests Rs. 1100 crores to set-up new R&D facility constructed with IoT-based smart features and renewable energy sources
Intel announces to expand its R&D presence in Bengaluru. In a recent event, the chip giant cited that it will invest over INR 1100 crores to build a new state-of-the-art design house at its 44-acre campus on Sarjapur Ring Road (SRR) in Bengaluru, Karnataka.
The sprawling 620,000 sq. ft. of space will include lab capacity with specialized infrastructure for design and verification purposes.
Designed to be a `smart and green’ building, 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 Technology will enable reduction of scheduled construction time by 30 percent, as compared to traditional construction methods. 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.
“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 Siddaramaiah, Chief Minister of Karnataka.
“Bengaluru 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” said Priyank Kharge, IT, BT Minister, Government of Karnataka.
“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”.
This additional capacity will help Intel India consolidate its R&D operations to a large extent at the SRR campus.