Breaking News: Intel India Head Nivruti Rai Resigns After 29 Years To Join Invest India
Breaking News: Intel India Head Nivruti Rai Resigns After 29 Years To Join Invest India
From 1994 through 2005, Rai was employed at Intel, initially in the United States, before moving to Bengaluru.
After 29 years with the firm, Nivruti Rai, the CEO of Intel India, has announced her resignation. According to reports in the media, she will be in charge of the organization Invest India. In 1994, Rai began her career at Intel as a design engineer. She was Intel India’s director and Intel Foundry Services’ vice president.
Rai’s departure marks the end of an era. It sets the stage for a new chapter in her professional journey as she prepares to join Invest India, a leading investment promotion and facilitation agency.
In her statement, Intel expressed gratitude to Nivruti for the remarkable progress achieved by Intel India under her leadership. Nivruti was honoured with the Nari Shakti Puraskar in 2022 for her exceptional contributions towards empowering women.
From 1994 until 2005, Rai first worked for Intel in the US. In September 2005, he relocated to Bengaluru and became senior director of chipset engineering and intellectual property development. The business intends to offer more updates on the leadership succession plan for Intel India, the company’s largest engineering centre outside the US.
Rai’s Accomplishments at Intel India:
During her tenure at Intel India, Nivruti Rai has been pivotal in driving the company’s growth and establishing its presence as a significant player in the Indian technology landscape. Her visionary leadership and strategic acumen have been instrumental in spearheading various initiatives and transforming Intel India into one of the company’s most important centres for innovation, research, and development outside of the United States.
Under Rai’s guidance, Intel India witnessed remarkable expansion and diversification. She led the establishment of state-of-the-art research and development facilities, fostered collaborations with Indian academic institutions and startups, and facilitated the growth of Intel’s workforce in the country. Rai’s efforts have contributed to Intel’s success and propelled India’s technology ecosystem to new heights.
Nivruti Rai’s Journey and Expertise:
Rai’s journey with Intel began in 1994, and over the years, she steadily climbed the corporate ladder, assuming various leadership roles within the organization. Her profound understanding of the semiconductor industry and her passion for driving innovation have earned her accolades and recognition within Intel and the wider tech community.
Rai, the head of Intel India, was responsible for overseeing all the company’s operations in the country. This included research and development, engineering, marketing, and business operations. Her strategic guidance and commitment to nurturing talent have been instrumental in building a robust ecosystem of skilled professionals and positioning Intel India as a hub for cutting-edge technology research and development.
Joining Invest India:
Nivruti Rai’s decision to join Invest India comes as no surprise, given her passion for fostering growth and driving transformative change. Invest India is a significant agency that facilitates and promotes investments in India, helping to position the country as an attractive global business destination. By joining the organization, Rai will leverage her extensive experience and industry knowledge to accelerate further India’s progress in becoming a leading investment hub.
Rai’s move to Invest in India presents a unique opportunity to contribute to the nation’s economic development by collaborating with industry leaders, policymakers, and investors. Her expertise in the technology sector, combined with Invest India’s vision of facilitating investments and creating an enabling business environment, holds the promise of unlocking new avenues for growth and fostering innovation across various sectors.
Nivruti Rai, vice president of Intel Foundry Services and head of Intel India, is leaving Intel after 29 years of service. For the outstanding development Intel India has experienced under Nivruti’s leadership, we are appreciative. Today, Intel India is the company’s most prominent engineering location outside of the US and a key source of talent. We will have more information regarding Intel India’s leadership plans to discuss soon, and we wish Nivruti the best of luck in her next endeavours, according to a statement from the business.
According to a recent announcement by the firm, the renowned American chipmaker would invest over $25 billion in the construction of a new facility in Israel. The size of this investment is anticipated to surpass any previous foreign ventures in Israel. According to Israel’s Finance Ministry, the proposed plant in Kiryat Gat is expected to start operations by 2027 and operate through at least 2035, creating job prospects for thousands of people.
Nivruti Rai’s decision to step down as the head of Intel India after 29 years marks the end of a remarkable chapter in her professional journey. Her contributions to Intel India have been significant, and she leaves behind a lasting legacy of growth and innovation. As she transitions to Invest India, Rai’s vision, leadership, and expertise will undoubtedly play a vital role in attracting investments, fostering entrepreneurship, and positioning India as a global technology and innovation powerhouse. Her move highlights the increasing importance of investment promotion and facilitation in driving economic growth and presents an exciting opportunity for Rai to make a meaningful impact on India’s future.
