Advanced Micro Devices (AMD), the American Semiconductor company, on Friday, July 28, announced plans to invest $400 million in India over the next five years. The investment includes a new AMD campus in Bangalore that will serve as the company’s most prominent design centre.

Rajeev Chandrasekhar, Minister of State for Electronics and IT, Skill Development and Entrepreneurship, said, “I welcome AMD’s decision to set up its largest R&D design centre in India and expansion of the India-AMD partnership. It will certainly play an important role in building a world class semiconductor design and innovation ecosystem. It will also provide tremendous opportunities for our large pool of highly skilled semiconductor engineers and researchers and will catalyse PM Narendra Modi’s vision of India becoming a global talent hub,”

AMD has been a part of India’s Semicon ecosystem since 2001, when its first site was established in New Delhi.

The new 500,000 square feet of campus space in Bangalore is set to increase its total offices in India to 10 total locations across Bangalore, Mumbai, Hyderabad, Gurgaon, and Delhi.

The company started in 2001 with a handful of employees and now has more than 6,500 employees today.

The company has grown its footprint in India based on the solid foundation established by its local leadership and the highly skilled talent pool.

The company said that by investing and expanding further in Bangalore, it is committed to driving innovation in India to support the Indian Semiconductor Mission.