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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
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Xiaomi launches Mi Eco Active T-shirt made from 100 percent ‘Recyclable Plastic’

Xiaomi has launched one more product in lifestyle range in India. The Chinese company has announced Mi Eco Active T-shirt on crowdfunding for Rs 999. The big highlight of this new Mi Eco Active T-shirt is that it’s made from 100 percent ‘Recyclable Plastic’. Xiaomi claims that the product is skin-friendly, and it is designed for a smooth and comfortable fitness session.

“At Mi India, we are cognizant of our responsibility towards the environment and realize the need for an eco-friendly lifestyle. We have actively worked towards creating merchandise that not only offers optimal breathability but is ingeniously designed to reduce waste by using discarded PET bottles to manufacture the T-Shirts that can be further recycled too,” said Raghu Reddy, Chief Business Officer, Xiaomi India.

Price, availability, features of Mi Eco Active T-shirt

As noted above, the Xiaomi Mi Eco Active T-shirt will be available on mi.com on crowdfunding for now. The special price has been kept at Rs 999. It will be made available staring today, September 11, at 12 noon. At present, there is one White color on offer.

The Mi Eco-Active T-Shirt is environment friendly and it is exclusively made in India. Each T-Shirt is made from 12 recycled PET bottles collected from different parts of the country. The T-Shirt also saves up to 70% of carbon emission in comparison to a regular cotton t-shirt and comes with tags embedded with holy basil seeds which can be sown.

Watch Video: Top 5 smartphones under Rs 20,000

As per Xiaomi, the Eco-Active T-Shirts are breathable, sweat-absorbent and skin-friendly, making it perfect for your daily fitness session. The recyclable polyester material of the T-Shirt also acts as a quick moisture absorbent, making sure that your T-Shirt is relatively dry even during your intense workout sessions, added company.



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