Nivruti Rai will now lead Invest India as CEO and MD.
Intel India head Nivruti Rai has stepped down after spending 29 years with the chip-maker. She is slated to be appointed as MD and CEO of Invest India.
Intel India head Nivruti Rai has stepped down after spending 29 years with the chip-maker. She is slated to be appointed as MD and CEO of Invest India.
In her most up-to-date function, she was the India nation head and VP of Intel Foundry Services.
“We’re grateful to Nivruti for the large progress Intel India has made underneath her management,” the company said in a statement to IANS on Friday.
“Today, Intel India is our largest engineering site outside the US and a critical talent base for the company. We will have more to share soon about Intel India’s leadership plans, and we wish Nivruti all the best in her next chapter,” Intel India added.
Rai started at Intel as a design engineer in 1994, and went on to serve numerous posts over the span of 29 years.
Invest India is a non-revenue organisation underneath the Department of Industrial Policy and Promotion of the Ministry of Commerce.
Last yr, Intel India inaugurated a state-of-the-artwork design and engineering centre in Bengaluru.
“This state-of-the-artwork centre affords an incredible setting for our workers to innovate whereas they benefit from the energetic and collaborative vibes within the office. This additionally helps in furthering our contributions and capabilities throughout management merchandise that allow clients’ innovation and progress,” Rai had said.
India has the company’s largest design and engineering centre outside the US, with state-of-the-art design facilities in Bengaluru and Hyderabad.
As reported in June last year, Intel has invested over $8 billion in India to date and continues to expand its R&D and innovation footprint in the country.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed – IANS)
