AMD To Invest $400mn In India Over The Next Five Years


US-based chip maker AMD has announced its plans to invest approximately USD 400 million in India over the next five years, with the aim of expanding its design center operations in Bengaluru, as stated on Friday.

As part of this investment, AMD will establish a new campus in Bengaluru, which will serve as its largest design center. Additionally, the company plans to create around 3,000 new engineering roles by the end of 2028.

The new campus is expected to be operational before the end of 2023. AMD initially entered the Indian market in 2001 with a presence in New Delhi and has since expanded to ten locations, including Bengaluru, Gurugram, Hyderabad, and Mumbai.

Currently, the company employs just over 6,500 professionals in India. Rajeev Chandrashekhar, Minister of State for Electronics and Information Technology of India, expressed his welcome to AMD’s decision to establish its largest R&D design center in India and expand its partnership with the country. He believes this move will contribute significantly to building a world-class semiconductor design and innovation ecosystem.

Moreover, it will create ample opportunities for India’s highly skilled semiconductor engineers and researchers. Mark Papermaster, AMD’s Chief Technology Officer and Executive Vice President, emphasized the company’s commitment to driving innovation in India and supporting the India Semiconductor Mission through further investments and expansion in Bengaluru.

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