AMD's $400 Million Bet on Bengaluru, World's Largest R&D Facility to Rise
AMD's Mega Investment, 3000 Engineering Jobs & Cutting-Edge Innovation in Bengaluru
28 July 2023
AMD plans to invest $400 million in Bengaluru over five years for its largest R&D facility.
The new campus, opening by end of 2023, will house 3,000 engineering roles and feature cutting-edge labs.
The investment aligns with India's semiconductor growth initiatives and strengthens India's position in the global tech industry.
In a significant move that will strengthen its position in the global semiconductor industry, chipmaker AMD has unveiled plans to invest $400 million (approximately Rs 3,300 crore) over the next five years in Bengaluru, India. This investment is aimed at setting up AMD's largest Research and Development (R&D) facility and will also result in the creation of around 3,000 new engineering roles.
The upcoming AMD campus in Bengaluru is slated to be operational before the end of 2023. It is designed to be a cutting-edge hub for innovation, featuring extensive lab spaces, state-of-the-art collaboration tools, and seating configurations optimized for fostering teamwork. This move comes as the Indian government rolls out various policy initiatives to support and promote the growth of the semiconductor industry.
The news has been met with enthusiasm from top government officials. Mr. Ashwini Vaishnaw, Union Cabinet Minister for Railways, Telecommunications, Electronics, and Information Technology, expressed his welcome to AMD's expansion plans in India. Similarly, Mr. Rajeev Chandrasekhar, Minister of State for Electronics and IT, Skill Development, and Entrepreneurship, praised the decision, highlighting its role in nurturing India's semiconductor design and innovation ecosystem, in line with Prime Minister Narendra Modi's vision of the nation becoming a global talent hub.
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Mark Papermaster, executive vice president, and chief technology officer of AMD acknowledged the company's growth trajectory in India, from just a few employees in 2001 to over 6,500 today. He emphasized that India's highly skilled talent pool played a significant role in this expansion. With AI, networking, and 6G communications driving the industry's growth, AMD's India teams are set to play a pivotal role in delivering high-performance and adaptive solutions to support customers worldwide. The company's commitment to driving innovation in India aligns with the ambitious India Semiconductor Mission.
The investment will also lead to the construction of a new 500,000-square-foot campus in Bangalore, which will bring AMD's total office count to ten across major cities in India. This move signifies AMD's deepening commitment to the country's thriving technology ecosystem and the importance it places on contributing to India's progress in the semiconductor domain.
Speaking about the investment, Mark Papermaster highlighted that the new India campus will serve as AMD's largest R&D facility worldwide. He emphasized that the investment is not just for the short term but is part of AMD's vision for sustained growth and a successful presence in India over the next two decades. This expansion will enable AMD to broaden its portfolio and capabilities, particularly in the field of AI and machine learning, where India's talented engineers will play a crucial role in driving both hardware and software advancements.