Intel investing Rs 1,100 cr in India afresh
Written by : IANS | Wed, Jun 14, 2017, 10:53 AM
Bengaluru, June 14: World's leading chip maker Intel Corporation will invest Rs 1,100 crore ($169 million) in India to expand its Research and Development (R&D) center in this tech hub, said an official on Wednesday.
"We are investing Rs 1,100 crore in our upcoming R&D center in Bengaluru as part of our India expansion plans," said Intel India General Manager Nivruti Rai at a news conference on the US-based multinational's investment and expansion plans in the sub-continent.
Karnataka Chief Minister Siddaramaiah and IT Minister Priyank Kharge were also present on the occasion.