Thursday, June 13, 2024

AMD Plans to Invest $400 Million by 2028 to Expand R&D, Engineering Operations in India Including its Largest Design Center in Bengaluru

GANDHINAGAR, India, Jul 31, 2023 – SemiconIndia 2023 — AMD (NASDAQ: AMD) announced plans for continued growth in India through an approximate $400M investment over the next five years. The planned investment includes a new AMD campus in Bengaluru, Karnataka that will serve as the company’s largest design center, as well as the addition of approximately 3,000 new engineering roles by the end of 2028.

The new AMD campus is expected to open before the end of 2023 and will feature extensive lab space, state-of-the-art collaboration tools and seating configurations designed to foster teamwork. The investment is supported by the various policy initiatives of the Government of India focused on the semiconductor industry.

“We welcome the AMD plan to expand its leading-edge R&D engineering operations in India,” said Mr. Ashwini Vaishnaw, Union Cabinet Minister for Railways, Telecommunications, Electronics and Information Technology, Government of India.

“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,” said Mr. Rajeev Chandrasekhar, Minister of State for Electronics and IT, Skill Development and Entrepreneurship.

“From a handful of employees in 2001 to more than 6,500 employees today, AMD has grown its India footprint based on the strong foundation established by our local leadership and the highly skilled talent pool,” said Mark Papermaster, executive vice president and chief technology officer, AMD. “AMD has one of the industry’s broadest product portfolios fueled by growth in artificial intelligence, networking and 6G communications, and our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide. “By further investing and expanding our presence in Bengaluru, we are committed to driving innovation in India to support the India Semiconductor Mission.”

AMD has been an active part of the semiconductor ecosystem in India since 2001 when the company’s first site was established in New Delhi. The new 500,000-square-foot Bengaluru campus will increase the AMD office footprint to 10 total locations across these cities: Bengaluru, Delhi, Gurgaon, Hyderabad and Mumbai.

About AMD

For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) websiteblogLinkedIn and Twitter pages. 

Nitin Patil
Nitin Patil
Editor and Director of Content, DailyCADCAM.com. Nitin completed his Master's in Mass Communication & Journalism and having 13 years of work experience as an editor, content writer with renowned international technical magazines and media companies. He is associated with CAD,CAM industry since 2008.
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