AMD's R&D plans for India to spur world-class semiconductor design, innovation ecosystem: Rajeev Chandrasekhar
US-based technology company AMD has announced it will invest $400mn in India over a five-year period and open its research and development centre in Bengaluru. The decision was welcomed by India's Minister of State for IT and Electronics, Rajeev C...
"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 USD 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 USD 400 million in India in 5 years," Mark Papermaster, EVP and CTO of AMD, said addressing SemiconIndia 2023 event here.
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