Great potential for the future

Intel has invested more than $8 billion in India to date and aims to further expand its R&D and innovation in India

Revenue

Rs 95,963 mn

Intel recently launched the 13th Gen core processor family. The company announced that it was “keeping Moore’s Law on track to a trillion transistors on a package in the next decade”. But Intel is not just into chips anymore and gives solutions and services of all kinds. Intel also has strong partner and startup programs.

With the focus on the global semiconductor shortage and India bent on making us self-reliant on chips, companies like Intel India have gained great importance and could be key in the future. We have already come out with a host of PLI schemes with a focus on the semiconductor industry too.

This year their CEO Pat Gelsinger came to India and met Prime Minister Narendra Modi. He talked of the company’s three decades of partnership with the country and declared: I look forward to working together to accelerate India’s digital transformation.

An India partnership may be in the future as at that time a company spokesperson said: “Intel India is Intel’s largest design centre outside of the US and we have been investing towards accelerating innovation and design engineering in India over the last two decades. While we are encouraged to see the Indian government’s commitment to building a regional semiconductor manufacturing ecosystem, we currently have no definitive plans for manufacturing in India.”

“Intel India is Intel’s largest design centre outside of the US and we have been investing towards accelerating innovation and design engineering in India over the last two decades. While we are encouraged to see the Indian government’s commitment to building a regional semiconductor manufacturing ecosystem, we currently have no definitive plans for manufacturing in India.”

Intel this year opened a new design and engineering centre in Bengaluru with a capacity of 2000 employees and a working space of 4.5+ lakh square feet. It would focus on “data centers, IoT, graphics, AI and automotive”. Intel also added that it had invested more than $8 billion in India till date and aims to further expand its R&D and innovation in India. The company also announced recently that it had partnerships with 117 countries in India and wanted to ramp that number up further.

India has taken the Chairmanship of G20. On this occasion Nivruti Rai, VP, Intel Foundry Services & Country Head Intel India declared at a global summit, “India’s data volume is of great value to the world. On the path to G20, we need to collaborate, leverage tech to create a data collaboration infrastructure to share and exchange data with our digital neighbors. Intel is committed.”

While announcing their Third-Quarter 2022 global financial results, Gelsinger said, “Despite the worsening economic conditions, we delivered solid results and made significant progress with our product and process execution during the quarter. To position ourselves for this business cycle, we are aggressively addressing costs and driving efficiencies across the business to accelerate our IDM 2.0 flywheel for the digital future.” (IDM stands for Integrated Device Manufacturing) Intel introduced the Semiconductor Co-Investment Program (SCIP), a new funding model for the capital-intensive semiconductor industry.

Nivruti Rai

Head, Intel India

By DQ Bureau

maildqindia@cybermedia.co.in