India’s semiconductor industry is set to receive a significant boost with major investments from chipmakers AMD and Micron. AMD, a US chipmaker, plans to invest approximately $400 million in India over the next five years. This investment will include the establishment of AMD’s largest research and development (R&D) facility in Bengaluru. According to Mark Papermaster, AMD’s chief technology officer, the company expects to hire an additional 3,000 engineers in India by 2028. The investment will strengthen AMD’s R&D capabilities in India and support the government’s Semiconductor Mission.
Papermaster emphasized the crucial role played by AMD’s India team in developing various products, including CPUs, gaming graphics, and adaptive computing devices. The investment will enable AMD to expand its portfolio and boost its capabilities, particularly in artificial intelligence and machine learning.
In addition to AMD’s investment, Micron, a renowned memory chip manufacturer, will establish a new assembly and test facility in Gujarat, making it the first of its kind in India. Sanjay Mehrotra, Micron’s president and CEO, stated that the Gujarat project is estimated to create nearly 5,000 direct jobs, with an additional 15,000 jobs expected to be generated in the community over the coming years. Mehrotra emphasized the importance of memory products in modern computing and expressed optimism that the investment in Gujarat would stimulate further investments in the semiconductor sector, foster indigenous manufacturing, promote innovation, and support job creation.
Anil Agarwal, chairman of Vedanta, highlighted the selection of Gujarat as the preferred location for creating a semiconductor hub in India. Agarwal mentioned that Vedanta is committed to building a semiconductor and display fabrication facility and has already identified a world-class partner for technology. The partnership is currently being finalized.
Agarwal emphasized the need for significant infrastructure and an enabling ecosystem to establish a semiconductor hub. He expressed confidence in Gujarat’s ability to provide such an environment, citing positive responses from Japan, Korea, and the US. Agarwal believes that the ecosystem built around Gujarat will support the growth of the semiconductor industry in India.
The Semicon India 2023 event, organized by the India Semiconductor Mission in collaboration with industry associations, serves as a platform to promote the semiconductor sector in the country. The investments made by AMD and Micron testify to the growing opportunities and potential within India’s semiconductor industry. These investments will not only boost the country’s technological capabilities but also contribute to job creation and economic growth. With the support of these major players, India is poised to establish itself as a prominent player in the global semiconductor market.
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