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December 2018
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Business News
Intel India opens design house costing Rs 1,100 cr at B'luru
 
Bengaluru, Nov 15 (PTI) Marking its 20th anniversary, Intel India Thursday announced the inauguration of its latest state-of-the-art design house at its campus here, built with an investment of approximately Rs 1,100 crore.

The newest facility located at Intel's 44-acre campuson Sarjapur Ring Road, has 620,000 sq. ft. of space including 100,000 sq. ft. of world-class lab infrastructure, the company said in a release.

Extending Intel's R&D presence in India, it will house technologists who work on cutting-edge engineering across hardware and software, it said.

Intel said, the state-of-the-art design facility was inaugurated by Minister of State (IC) for Communications and Minister of State for Railways Manoj Sinha and CFO and interim CEO of Intel Corporation Bob Swan in the presence of many other delegates from the government, industry and academia.

"The inauguration of the new research and development (R&D) facility reinforces our commitment to India.

We haverobust collaborations with the vibrant and mature technologyecosystem in India and look forward to the next 20 years ofinnovation," Intel Corporation CFO and interim CEO Bob Swansaid.

Over the last 20 years, Intel said it has investedover Rs 30,000 crore in India.

In an effort to accelerate innovation and research, Intel India in collaboration with the Government of India is instituting national-level awards named in honor of former President of India and eminent scientist, the late APJ Abdul Kalam.

The annual awards have been introduced with the intent to recognise and celebrate the pioneering work and contributions made by distinguished scientists and innovators across three categories: Product Innovation, Technology Advancement and Research, the company said.


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KERALA NEWS
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INTERNATIONAL NEWS
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NATIONAL NEWS
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