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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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India may soon announce its own ‘Atmanirbhar’ app store as alternative to Google, Apple

Indian start-ups and companies are calling for a local application store that does not charge a high service fee. This comes at a time when Fortnite developer Epic is enraged in a battle with Apple over its 30 percent cut on in-app purchases. Google has also asked developers to adopt its billing system by September 30, 2021.

A report suggests that the Modi government may soon announce India’s own application store as a viable alternative to Google Play And Apple’s App Store. This is set to be a part of ongoing efforts to make the country self-reliant or Atmanirbhar.

The report claims that the Ministry of Electronics and Information Technology (MeitY)’s Centre for Development of Advanced Computing (C-DAC) will be responsible for developing this app store. It also suggests that this Indian application store will not levy a 30 percent cut on transactions and in-app purchases like Google or Apple.

Watch: Weekly News Roundup – September 18

The Indian government already has an application called Mobile Seva. This is a mobile application store created to facilitate the process of development and deployment of suitable mobile applications for the delivery of public services through mobile devices. The report claims that the Modi government might just revamp this existing platform into a full-fledged app store.

Time will only tell if a national application store becomes successful and gains a prominent market share. Tech giants like Huawei, Samsung, and Amazon have tried but failed to gain traction with their own alternative app stores. It has taken these large conglomerates years to attract most of the popular developers and popular apps to their respective platforms.



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