AMD's R&D plans for India to spur world-class semiconductor design: MoS IT

It will also drive tremendous opportunities for large pool of highly skilled semiconductor engineers and researchers and will position India as a global talent hub

Rajeev Chandrasekhar
AMD on Friday announced an investment of $400 million in India over five years, and said the company will be a strong partner in building India's semiconductor ecosystem | Photo: IANS Twitter
Press Trust of India Gandhinagar
2 min read Last Updated : Jul 28 2023 | 1:41 PM IST

AMD's decision to set up its largest R&D design centre in India will play an important role in building a world-class semiconductor design and innovation ecosystem in the country, Union Minister Rajeev Chandrasekhar said on Friday.

It will also drive tremendous opportunities for large pool of highly skilled semiconductor engineers and researchers and will position India as a global talent hub, Minister of State for IT and Electronics Rajeev Chandrasekhar tweeted.

"I welcome @AMD's decision to set up its largest R&D #design center in #NewIndia and expansion of the India-AMD partnership. It will certainly play an important role in building a world class #semiconductor design and #innovation ecosystem," Chandrasekhar tweeted.

He went on to add: "It will also provide tremendous opportunities for our large pool of highly skilled semiconductor engineers and researchers and will catalyse PM @narendramodi Ji's vision of India becoming a global talent hub."

AMD on Friday announced an investment of $400 million in India over five years, and said the company will be a strong partner in building India's semiconductor ecosystem.

The company will open a new research and development campus in Bengaluru, which will be its largest such facility in world.

"AMD will invest $400 million in India in 5 years," Mark Papermaster, EVP and CTO of AMD, said addressing SemiconIndia 2023 event here.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Rajeev Chandrasekharsemiconductorsemiconductor industry

First Published: Jul 28 2023 | 1:40 PM IST

Next Story