India may get three more semiconductor fab units: Ashwini Vaishnaw
India may get three more semiconductor chip fabrication technology units in the next few months, said Ashwini Vaishnaw, Union Minister for electronics and information technology. He added that the cumulative investment will be to tune of $8-12 billion, during an interaction with media.
Vaishnaw was speaking at Bengaluru in the sidelines of semiconductor company AMD’s inauguration of its largest global design centre in India. While he did not reveal the name of the companies, he said that talks are ongoing with the governments of states like Karnataka, Telangana, Tamil Nadu, Gujarat, etc. for setting up the units.
He further added that the Micron’s semiconductor plant plan which was announced in June 2023 begun construction in September 2023. The pace of development has given a massive boost of confidence in India’s semiconductor mission, he said. Vaishnaw said that now with AMD setting up its largest design centre is a ‘testament to the confidence global companies have in India’.
AMD’s global design centre inaugurated today at Bengaluru is part of its $400 million investment in India over five years, announced in July 2023. The campus, which can host 3,000 people, is spread across 500,000-square-foot campus, featuring research and development labs spread over 60,000-square-feet. The campus will serve as a centre of excellence for the development of products across high-performance CPUs for the data center and PCs, data centre and gaming GPUs, and adaptive SoCs and FPGAs for embedded devices.
The company also plans to hire 3,000 more employees by 2028 in India. The Bengaluru center will be focused on the design and development of semiconductor technology including 3D stacking, artificial intelligence, machine learning, and more.
“The India Design Centre started with a handful of employees in 2004. Today, 25% of AMD’s global workforce is located in India and they support the development of AMD leadership products for data centers, gaming, PC and embedded customers. This new facility marks the next milestone in our growth journey to be a significant contributor in the advancement of semiconductors,” said Jaya Jagadish, India Country Head, AMD.