World’s leading chip maker Intel Corporation is investing Rs. 1,100 crores ($170 million) in India to set up a new Research and Development (RD) centre in this tech hub, said an official on Wednesday.”We are investing Rs. 1,100 crores in our upcoming RD centre 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.The new RD facility in an eight-acre campus is expected to generate about 3,000 jobs over the next 18 months. It will also have a computer software development and hardware design services facility.The fresh investment is in addition to $2 billion (roughly Rs. 12,852 crores) the chip maker had invested in… Next »
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