Apart from establishing the biggest design center in India, the company also announced an approximate position of 3,000 engineering roles by the end of 2023
The US based global semiconductor firm AMD has now announced to invest $400 million (approx) in India for the coming five years. In the second edition of the SemiconIndia event, the company added that with this investment it aims to boost its engineering and R&D operations in the country. The international chip giant is looking forward to set-up its largest R&D centers in Bengaluru as soon as possible.
Apart from establishing the biggest design center in India, the company also announced an approximate position of 3,000 engineering roles by the end of 2023, opined AMD’s global spokesperson. During the event, Mark Papermaster, EVP and CTO, AMD told media "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 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."
Papermaster further added, "We have a diversified portfolio across CPU Server Data Center, GPU gaming graphics, PC, adaptive computing and embedded devices and this investment will allow us to expand our portfolio and capabilities as we bring AI processing capabilities broadly across AMD products. Our India team will be pivotal in advancing AI and machine learning in both hardware and software capabilities."
In India, AMD began its first operation in New Delhi in 2001 and from that time it has become a key member of semiconductor ecosystem growth. The new design center in Bengaluru will be 500,000-square-foot and now it aims to augment its operations in 10 different locations in these cities: Hyderabad, Gurugram, Bengaluru, Mumbai and Delhi.
Apart from this investment opportunity, Prime Minister Narendra Modi stated in the opening session of the event that the government has now invited international semiconductor tycoons to invest in the nation and also assured that whichever the company appears forward will have a “first mover’s advantage.”