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US chipmaker AMD is set to revolutionize India’s semiconductor industry with a remarkable $400 million investment. The plan includes the establishment of its largest design center in Bengaluru, creating new engineering roles and fostering innovation. This strategic move reinforces India’s position as a technology powerhouse and highlights AMD’s commitment to driving positive change in the region.
AMD’s Pioneering Journey in India:
Having entered India’s market in 2001 with its first site in New Delhi, AMD has steadily grown its presence over the years. Currently employing over 6,500 professionals, the company operates across ten locations in India, including Bengaluru, Delhi, Gurgaon, Hyderabad, and Mumbai. The upcoming 500,000-square-foot Bengaluru campus will feature cutting-edge facilities such as extensive lab spaces and state-of-the-art collaboration tools to promote teamwork and innovation. The investment reflects AMD’s commitment to supporting the India Semiconductor Mission, complemented by the Government of India’s favorable policy initiatives aimed at bolstering the semiconductor industry.
A Vision for Innovation:
AMD boasts an expansive product portfolio driven by advancements in artificial intelligence, networking, and 6G communications. With its India-based teams at the forefront, the company is poised to deliver high-performance and adaptive solutions to customers worldwide. The decision to establish the largest R&D design center in India is strategic, given the country’s burgeoning pool of highly skilled semiconductor engineers and researchers. The move aligns with India’s aspiration to become a global hub for semiconductor design and manufacturing, garnering appreciation from the Ministry of Electronics & IT, represented by Ashwini Vaishnaw and Rajeev Chandrasekar.
Investment Details and Scope:
AMD’s $400 million investment in India is set to be channeled into various aspects of the Bengaluru campus. The state-of-the-art facility, expected to be operational by the end of 2023, will encompass cutting-edge infrastructure and extensive lab spaces. The campus is designed to encourage collaboration, fostering a culture of innovation among the engineering workforce.
Additionally, the investment will lead to the creation of approximately 3,000 new engineering roles by 2028, further expanding AMD’s talent pool in India. This development will significantly contribute to India’s skilled workforce in the semiconductor sector.
Moreover, AMD’s decision to invest substantially in India underscores its commitment to the country’s burgeoning semiconductor industry. As India aims to achieve self-sufficiency in semiconductor manufacturing, the establishment of the largest design center by a leading global semiconductor company showcases India’s growing prominence in the global technology landscape.
Supporting India’s Semiconductor Mission:
The Government of India’s focus on nurturing the semiconductor industry has been instrumental in attracting foreign investments. AMD’s decision aligns with the India Semiconductor Mission, which aims to enhance the country’s capabilities in semiconductor design and manufacturing. The Indian government’s favorable policies and initiatives have played a crucial role in encouraging AMD to bolster its presence in India, opening new avenues for collaboration and innovation. As India positions itself as a semiconductor manufacturing destination, this partnership with AMD brings together cutting-edge technology and local expertise to drive the growth of India’s semiconductor ecosystem.
AMD’s substantial investment of $400 million in India marks a significant milestone in the country’s journey towards becoming a global powerhouse in the semiconductor industry. The establishment of AMD’s largest design center in Bengaluru and the addition of thousands of engineering roles signal a strong commitment to fostering innovation and advancing India’s semiconductor capabilities. As India accelerates its semiconductor mission, this partnership promises to propel the country’s technology landscape to new heights.
Read the full article here AMD to invest $400 million in India, to set up largest design center in Bengaluru
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