Nvidia expands India footprint with $130M lease deal in Bengaluru

NVIDIA’s Indian unit, NVIDIA Graphics, has signed a 10-year lease for roughly 760,000 sq ft of office space in Bengaluru’s Mahadevpura area, a deal worth over $130 million. The expansion underscores Nvidia’s commitment to scaling AI and engineering operations in India, bolstering its global R&D and talent footprint. Market implications include potential operational leverage from a larger India engineering hub, reinforcement of revenue growth prospects tied to AI product development, and a positive signal to investors about sustained capital allocation toward capacity expansion. The move is likely to be viewed favorably by the market as supportive of Nvidia’s long-term competitive position in AI chip development.