US chipmaker AMD to invest $400M to expand India ops
SUBSCRIBE
JOBS
Custom Image
Go Back
1 year ago 06:00:20am Television

US chipmaker AMD to invest $400M to expand India ops

New Delhi, July-29, 2023, By IBW Team

US chipmaker AMD to invest $400M to expand India ops

American chipmaker AMD has unveiled ambitious plans to invest a substantial sum of $400 million in India, aimed at expanding its research, development, and engineering operations.

The investment is set to be spread out over the next five years, and it will play a crucial role in bolstering India’s technology sector.

A significant portion of this investment will go towards establishing a cutting-edge AMD campus in Bangalore, slated to become the company’s largest design center, a IANS report stated.

The campus is expected to be operational before the close of 2023 and will boast state-of-the-art facilities, including extensive laboratory space and advanced collaboration tools.

As part of this expansion drive, AMD is also committed to creating around 3,000 new engineering roles by the end of 2028. This move will not only boost the company’s operations but also offer substantial employment opportunities for India’s skilled semiconductor engineers and researchers, the IANS report added.

In response to AMD’s strategic investment, Rajeev Chandrasekhar, the Minister of State for Electronics and IT, Skill Development, and Entrepreneurship, expressed his support and excitement. He praised the decision to establish the company’s largest R&D design center in India and emphasized the positive impact it would have on the country’s talent pool.


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Our Events

  • img
    SatCab Symposium

    SatCab symposium organized by Aavishkar Media Group is an annual event. It's a well-informed event where we have a panel discussion on the current affairs and future forecasting on our industry.

  • img
    BCS
    Ratna Awards

    BCS Ratna Award organized by Aavishkar Media Group is an annual event. In this award function, a community of our industry is honored by receiving the award for the contribution of their work.

  • img
    Chetna Yatra

    Chetna Yatra organized by Aavishkar Media Group is an annual event. Held by Dr. AK Rastogi, Chairman of Aavishkar Media Group. Pilgrimage India in his car for connecting the people of our industry.

  • img
    Imaan India Sammaan

    Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

Youtube Videos