ET had earlier in the day reported that US-based Corning and Optiemus Infracom Limited’s new joint venture, Bharat Innovation Glass (BIG) expects to start production of finished cover glass by the end of the 2024 calendar year.
On Thursday, Vaishnaw also met senior executives from US semiconductor giant AMD. The company had earlier this year announced that it would invest $400 million in India in semiconductor design.
“AMD had announced a $400 million investment in semiconductor design. Happy to know that the AMD Technostar Centre is shaping up well,” Vaishnaw said in a post on X on Thursday, with a picture of him and Jaya Jagadish.
Jagadish is the country head and senior vice president of silicon design engineering at AMD India. The company has invited Vaishnaw for the inauguration of its campus on November 28, it told ET.
Discover the stories of your interest
The new 500,000-square-foot Bengaluru campus will increase the AMD office footprint to 10 total locations across Bengaluru, Delhi, Gurgaon, Hyderabad and Mumbai.
On July 28 during SemiconIndia 2023, AMD announced plans for continued growth in India through an approximate $400 million investment over the next five years.
The planned investment includes a new AMD campus in Bengaluru that will serve as the company’s largest design center, as well as the addition of approximately 3,000 new engineering roles by the end of 2028.
The new AMD campus is expected to open before the end of 2023 and will feature extensive lab space, state-of-the-art collaboration tools and seating configurations designed to foster teamwork. The investment is supported by the various policy initiatives of the Government of India focused on the semiconductor industry.
The company has more than 6,500 employees today. AMD has a broad product portfolio fueled by growth in artificial intelligence, networking and 6G communications.
AMD has been a part of the semiconductor ecosystem in India since 2001 when the company’s first site was established in New Delhi. For more than 50 years now globally, the company has driven innovation in high-performance computing, graphics and visualisation technologies.
