AMD to Invest USD 400 Mn. in India, Design Centre to come up in Bengaluru

July 29, 2023August 11, 2023Electronics, Investment, Manufacturing

Advanced Micro Devices (AMD), a US-based semiconductor company, will be investing USD 400 million (approximately Rs. 3,312 crore) by 2028 in India. This investment will include the development of a design centre in Bengaluru. Mr. Mark Papermaster, Chief Technology Officer of AMD, made this announcement at a semiconductor conference held on 28^th July 2023 in Gujarat.

This upcoming design centre, which will be AMD’s tenth and biggest facility in India so far, will cover an area of about 5,00,000 sq. ft. It is expected to be completed by 2023 and will generate about 3,000 engineering job opportunities by 2028. AMD is operating across different locations in India and has over 6,500 employees in the country.

JSW Infra IPO to Raise 2,800 Cr., Capacity Expansion Planned from Proceeds September 25, 2023
JSW Infrastructure Ltd., a part of JSW Group, the Indian multinational conglomerate, has opened its Initial Public Offering (IPO) on
Sintex to Establish Rs. 350 Cr. Manufacturing Facility in Telangana September 25, 2023
Sintex-BAPL Ltd. (SBAPL), part of the Welspun Group, is planning to develop a manufacturing facility at Chandenvalle in Rangareddy district,
TVS ILP to Develop Warehouse in Tamil Nadu for First Solar September 25, 2023
TVS Industrial and Logistics Parks (TVS ILP) has recently held a groundbreaking ceremony to set up a warehouse in Pillaipakkam,
Schneider Electric to Invest Rs. 3,200 Cr. in India by 2026 September 23, 2023
Schneider Electric India Pvt. Ltd., the Indian subsidiary of France-based Schneider Electric SE, plans to invest approximately Rs. 3,200 crore
KEC International Secures Orders Collectively Worth Rs. 1,157 Cr. September 22, 2023
KEC International Ltd. stated in its press release dated 22nd September 2023 that it has secured orders worth Rs. 1,157
RR Kabel Goes Public, Shares Listed at 14% Premium September 21, 2023
RR Kabel, part of RR Global, an Indian manufacturer in the wires and cables and FMEG segments, was listed on
Gujarat Industries Power Company Floats Solar Modules Tender for 600 MW Solar Project September 21, 2023
Gujarat Industries Power Company Ltd. (GIPCL) has invited bids for procuring 750 MW of bifacial solar modules for its upcoming
MoRTH Floats 763 Cr. Tender for Four Laning of Bhagalpur-Kharhara Stretch in Bihar September 20, 2023
Ministry of Road Transport and Highways (MoRTH) has invited bids for four laning of Bhagalpur to Kharhara Village section of
VE Commercial Vehicles to Supply 1000 Electric Buses to GreenCell Mobility September 19, 2023
VE Commercial Vehicles Limited (VECV), a Joint Venture (JV) between Volvo Group and Eicher Motors, has signed a Memorandum of
HFCL Secures Order Worth Rs. 1,015 Cr. from Madhya Pradesh Jal Nigam September 18, 2023
Himachal Futuristic Communications Limited (HFCL) has won an order worth Rs. 1,015 crore from Madhya Pradesh Jal Nigam (MPJN) for