Investment Will Be Used to Set Up the Company’s New State-of-the-Art Design House in Bengaluru
- India continues to remain Intel's largest R&D site outside the U.S.
- New design house will help consolidate Intel India's engineering operations into specialized facility for R&D activities in Bengaluru.
- New "smart and green" building will be constructed using IoT-based smart features and renewable energy sources.
- Recognizing the potential in India early, Intel has invested over US$4.5 billion in the country since 1999
BANGALORE, India, June 14, 2017 – Reinforcing its commitment to advance cutting-edge research and development (R&D) and innovation in India, Intel Corporation today announced it will invest US$178 million to expand its R&D presence and build a new state-of-the-art design house in Bengaluru. The proposed facility will be located at Intel's 44-acre campus on Sarjapur Ring Road (SRR) in Bengaluru, Karnataka.
With approximately 620,000 sq. ft. of space, including lab capacity, the new building with specialized infrastructure will be used for chip design and verification purposes. This additional capacity will help Intel India consolidate its R&D operations to a large extent at the SRR campus.
Designed to be a "smart and green" building, the upcoming facility, SRR4, will be constructed using innovative "One High Technology," with each floor being built on the ground, then lifted and attached to the of the building, and then built from the roof downward. This technology will enable the 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, will be equipped with IoT-based smart features, including smart lights and real-time occupancy management, and will use renewable energy sources like fuel cell-based power.