Intel to Invest $178 million to advance R&D innovation in India
Intel plans to expand its research and development presence in India with a new sustainable design hub in Bengaluru (Bangalore).
India is already home to the chip giant’s largest R&D facility outside the United States, and with a new $178 million investment the company said it will open a “smart and green” building with IoT technology built into its core, according to a release.
“Intel India plays a very strategic role in Intel’s growth, with significant contributions to Intel’s technology and product leadership,” Intel India general manager Nivruti Rai said in a statement.
The company added that it has invested more than $4.5 billion in India since 1999.
Located on Intel’s existing 44-acre campus in the capital of the southern state of Karnataka, the 620,000-square-foot building will be used for chip design and verification.
The company is focusing on “smart and green,” with a promise to use renewable energy sources, including fuel cell power. The building will also come equipped with smart lights and “real-time occupancy management” to ensure power is not wasted when nobody is around.
Elsewhere, India has emerged as a key hub for technology companies, with Apple recently committing to selling iPhones manufactured in Bengaluru and Amazon opening its first AWS data center in Mumbai.
Topics: Architectural Firms, Automation and Controls, Building Owners and Managers, Construction Firms, Consulting - Green & Sustainable Strategies and Solutions, Energy Saving Products, Great Commercial Buildings, Interiors, Lighting - Energy Efficient Lighting, Sustainable Communities, Technology, Urban Planning and Design