Intel Corp. is making big investment in India

Published: Monday, June 16 2003 7:25 a.m. MDT

BANGALORE, India — Intel Corp., the world's largest computer chipmaker, sees India as one of the top five destinations for its future investments.

India already is Intel's largest non-manufacturing site outside the United States. Some 1,100 people are working at a chip design center in Bangalore that is developing a new version of Intel's Xeon processor for servers and embedded software for the Centrino mobile processor.

Intel, based in Santa Clara, Calif., plans to invest $100 million to expand its staff in India to 3,000 and set up a software development center in Bangalore, India's technology hub.

"We can access incredible talent for software engineering in India," Intel's president and chief operating officer, Paul Otellini, said last week. "To get these skills, we may not be able to hire and train people quickly in the United States."

Intel wants to locate new development centers close to its fastest-growing markets: India, China, Russia, eastern Europe and South America. The percentage of Intel's revenue that comes from North America is shrinking.

Intel's has operations in Riverton focused on software products and service development and Intel employee services.

Get The Deseret News Everywhere

Subscribe

Mobile

RSS