Intel, US-based hardware and semiconductor major, has announced on Wednesday that it would invest Rs 1,100 crore to expand its research and development (R&D) operations in India.
The company said it would build a state-of-the-art design house in Bengaluru spread over 44 acres.
"Intel India plays a very strategic role in Intel’s growth, with significant contributions to Intel’s technology and product leadership," said Nivruti Rai, general manager, Intel India. "We are excited about expanding our best-in-class R&D infrastructure in India that will enable us to continue our momentum in doing cutting-edge innovation and design work from India. We look forward to