AMD To Expand R&D And Engineering Operations, Invest $400 Million In India

Santa Clara, California-headquartered AMD is also aiming to build a new design facility in Bengaluru which would give employment to nearly 3,000 engineers within five years.

Chipset-making major Advanced Micro Devices or AMD has said it is going to invest around $400 million in India. Representative image. ( Image Source :Getty )

Chipset-making major Advanced Micro Devices or AMD has said it is going to invest around $400 million in India, in a bid to expand research, development and engineering operations in the country. AMD would make the investment over the next five years and it is also mulling to set up a new campus in Bengaluru, Karnataka with the largest R&D facility in the world, the media has reported. The announcement was made by Mark Papermaster, AMD's CTO, who was speaking at an annual semiconductor conference in Gujarat. Other prominent chipset makers present at the conference included Foxconn, the biggest contract manufacturer of Apple iPhones and Micron.

Santa Clara, California-headquartered AMD is also aiming to build a new design facility in Bengaluru which would give employment to nearly 3,000 engineers within five years.

“The planned investment will include a new India campus, which will serve as AMDs largest R&D facility in the world. Our investment will build out over two decades of growth and a successful presence here in India. Today I can tell you that we expect to add approximately 3000 additional engineers here in India by the end of 2028," Mark Papermaster, EVP and CTO, AMD, was quoted as saying by a LiveMint report.

AMD further said that its investment is supported by the various policy initiatives of the Government of India focused on the semiconductor industry.

“I welcome AMD's decision to set up its largest R&D design center in India and expansion of the India-AMD partnership. It will certainly play an important role in building a world class semiconductor design and innovation ecosystem. It will also 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," Rajeev Chandrasekhar, Minister of State for Electronics and IT, Skill Development and Entrepreneurship was quoted as saying.

AMD's first facility in India was established in New Delhi and it has been present in the country's semiconductor ecosystem since 2001. The upcoming new 500,000-square-foot campus in Bengaluru is said to increase its office footprint to 10 total locations across Delhi, Bengaluru, Gurgaon, Hyderabad and Mumbai.

This comes amid Anil Agarwal, chairman of Indian conglomerate Vedanta announcing his ambitious semiconductor manufacturing plans, saying that the global mining firm has identified a world-class technology partner. According to PTI, Agarwal said that Gujarat will emerge as semiconductor hub, adding it "is right place for creating silicon valley of India".