Live
- They always want me to win, and now I feel lucky to have been offered a story like ‘Zebra’: Satyadev Kancharana
- ‘Democracy first, humanity first’: PM Modi in Guyana's parliament on two countries' similarities
- PKL Season 11: Telugu Titans register third straight win to top standings
- Is Pollution Contributing to Your COPD?
- NASA Unveils Underwater Robots for Exploring Jupiter's Moons
- Additional Central forces arrive in violence-hit Manipur
- AR Rahman and Saira Banu’s Divorce: Legal Insights into Common Issues in Bollywood Marriages
- 82.7 pc work completed in HPCL Rajasthan Refinery area: official
- Curfew relaxation extended in 5 Manipur districts on Friday
- Tab scam prompts Bengal govt to adopt caution over fund disbursement
AMD to invest Rs 3,300 cr in 5 yrs
AMD has offices in 10 locations across Bengaluru, Delhi, Gurgaon, Hyderabad and Mumbai
New Delhi: High performance adaptive computing major AMD, on Friday announced an investment of USD 400 million (about Rs 3,300 crore) in India over five years, and opening of a 500,000-square-foot R&D campus in Bengaluru, which it said is its largest in the world. It has offices in 10 locations across Bengaluru, Delhi, Gurgaon, Hyderabad and Mumbai.
The new AMD campus is expected to open before the end of 2023 and will feature extensive lab space, advanced collaboration tools and seating configurations for teams. Union Minister for Electronics and Information Technology Ashwini Vaishnaw welcomed the move. "AMD's decision to set up its largest R&D design center in India and expansion of the India-AMD partnership... will certainly play an important role in building a world class semiconductor design and innovation ecosystem and provide tremendous opportunities for our large pool of highly skilled semiconductor engineers and researchers and will catalyse PM Narendra Modi's vision of India becoming a global talent hub," said Rajeev Chandrasekhar, Minister of State for Electronics and IT.
India is wooing semiconductor and display manufacturers with USD 10 billion incentive scheme, making a determined push to position itself as a global powerhouse for electronics production. AMD has been active in the Indian semiconductor ecosystem since the establishment of its first site in New Delhi in 2001.
