AMD's $400 million Technostar Centre shaping well, says Minister Vaishnaw

AMD in India: Union Minister Ashwini Vaishnaw shared on Thursday that the plan by US-based computer chip manufacturer AMD to establish its largest semiconductor design centre with a substantial $400 million investment is showing positive progress.

Back in July, Advanced Micro Devices (AMD) unveiled its commitment to invest $400 million in India over the next five years and announced the construction of its largest design centre in Bengaluru.

Vaishnaw expressed his satisfaction on Twitter, stating, "AMD had announced a $400 mn investment in semiconductor design. Happy to know that the AMD Technostar Centre is shaping up well."

New jobs in Semiconductor design

The minister also shared a photograph featuring AMD's leadership in India, which included the Country Head and Senior Vice President of Silicon Design Engineering at AMD India.

AMD's plan involves the establishment of a facility covering an expansive 5 lakh square feet in Bengaluru. This development is anticipated to result in the creation of over 3,000 high-end semiconductor design engineering jobs.

Furthermore, this campus will expand AMD's presence in India, adding to its current network of 10 locations. The California-based company already has a workforce of more than 6,500 employees in India.

(With PTI inputs)