The deal will be signed in San Francisco on Friday morning in the presence of Tamil Nadu Chief Minister (CM) M K Stalin, who is on a 17-day trip to the US to attract fresh investments.
This project is expected to create around 100 specialized jobs and will be located at the State Industries Promotion Corporation of Tamil Nadu in Siruseri.
The testbed will facilitate the development of next-generation network technologies, such as 10G, 25G, 50G, and 100G passive optical networks. This can lead to advancements in network speed, reliability, and efficiency.
With an investment of ₹450 crore by India's Central Government, the project is expected to create around 100 specialized jobs, boosting local employment and contributing to the economic development of the region.
This development underscores Chennai's growing importance as a hub for technological innovation.
Several companies are investing in significant R&D facilities, similar to Nokia’s initiative in Chennai.
Microsoft has established multiple R&D centers in India, focusing on areas like AI, cloud computing, and cybersecurity. Intel has a major R&D presence in India, particularly in Bengaluru, where they work on semiconductor technology, AI, and IoT solutions. IBM’s R&D centers in India are involved in cutting-edge research in AI, quantum computing, and blockchain technology.
These investments highlight the growing importance of India as a hub for technological innovation and development.
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