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Report: Intel to invest $130 million in India

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New Delhi, India--Intel Corp., the world's No 1 chipmaker, will invest $130 million in India and more than triple the number of engineers at its local operations in the next three to five years, the Press Trust of India, reported Thursday. The news agency said Intel would increase the number of engineers at its Bangalore center, the chipmaker's largest non-manufacturing site outside the U.S., to 3,000 from 900. The Bangalore branch designs and develops software to power chips that drive personal computers and high-end network computers for Internet-based applications.
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