Technology giant Intel will invest ₹1,100 crore in its upcoming R&D centre, which can create 3,000 jobs. This fresh round of investment is on top of the $2-billion the chip maker has invested in the country till 2016.
Industry watchers believe that tech multinationals have been holding on to their investment plans despite the government sounding out its Digital India policy.
“The intent (to invest) exists, it is just a question of when,” said Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Research.
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Sanchit Vir Gogia: Sanchit is the Chief Futurist, Founder & CEO of Greyhound Knowledge Group, a Global Strategy & Transformation Research, Advisory & Consulting Group. He also serves as Chief Analyst & CEO of Greyhound Research, a Global, Award-Winning, Independent Technology & Innovation Research, Advisory & Consulting firm. To read more about him, click here.
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