NVIDIA is quietly increasing its investment in India. The chip giant, through its subsidiary NVIDIA Graphics, has signed a 10-year, $130 million lease for approximately 760,000 square feet of office space across 12 floors in the Memphis South Tower, owned by Bagmane Capital, located in the Mahadevpura area of Bengaluru.
The lease agreement becomes effective on April 1, 2026, and includes a security deposit of $3.6 million. In terms of area, this transaction ranks as one of the largest office leases in Bengaluru and more than doubles NVIDIA's existing office footprint in India.
This expansion goes beyond mere physical space. India is steadily emerging as a critical global hub for technology talent, particularly in the field of artificial intelligence, and NVIDIA is clearly aligning its strategy with this trend. As demand for chips, models, and infrastructure continues to climb, establishing a deeper reservoir of local engineering talent has become increasingly vital.
NVIDIA's expansion in India is a component of its broader global growth strategy. The company already maintains research and development centers in Hyderabad and Pune. This new space in Bengaluru will further augment its engineering capabilities in AI and software development.
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