Intel’s Hyderabad facility to incubate electronics hardware and systems start-ups

On Tuesday, Intel opened its new engineering and entrepreneurship center in Hyderabad after one in Bangalore. The 3-lakh sq feet facility was inaugurated by K. T. Rama Rao, Hon’ble Minister for IT, Industries, MA & UD, Govt. of Telangana. The new center will work on the next generation of computing and communications technology. 

Image Credit: Pexel.com

The minister during the inauguration said, “Hyderabad has emerged as a key destination for advanced technology and product innovation work. We see leading technology companies grow their operations in the city which reflects a vibrant ecosystem and investment climate that Telangana offers. Intel is a technology leader and its contributions towards growing the ecosystem in India and Telangana have been remarkable, I am extremely pleased to inaugurate Intel’s new facility in Hyderabad; which reinforces Intel’s commitment towards accelerating the tech journey of the state”.

Intel is planning to hire an additional 1000 employees for its facility which already employs 400 people. The team at the facility will be working on critical products and technologies across the next-gen System on Chip (SoC), graphics, hardware and software to fuel the company’s growth. The new facility will also have an incubation center named Intel India Maker Lab. The incubation center will host electronic hardware and system start-ups which will get all access to intel technologies and platforms.

Talking to media, Nivruti Rai, Country Head of Intel India, and Vice-President (Data Centre Group) of Intel Corporation said, “We are planning to take about 12 start-ups a year and provide them with infrastructure, technology, and funds. We have set up something like that in Bengaluru three years ago. There are a lot of start-ups in software and services space. But not many in the hardware, products and platform areas. We would like to support them, handhold them and help them Venture Capital funding.” She further added, “What we expect from them is to come with a prototype. After a due process, we will help them with technology support and funding.”

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