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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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Yahama electric scooters coming to India soon: Check when you can buy

Yamaha recently revealed its Fascino 125 FI Hybrid scooter and is currently working on a fully electric scooter for the Indian market. The new electric scooter will join the ranks of Bajaj Chetak and TVS iQube. This will make it the third major company in the EV sector in India. Some other startups include Ather, Revolt and more. Hero also sells electric scooters in India, however, it does so under its Hero Electric sub-brand.

According to a report by Autocar India, the Japanese Yamaha Motor Company is currently working on developing an EV for India, as well as international markets. However, it will only launch after a stable government policy for EVs is introduced that encourages the rapid development of EV infrastructure in the country.

Yamaha already has a deal in place for the Taiwanese market with local EV leader GoGoro, where the company will be selling redesigned EVs based on the GoGoro platform. This does not mean the company will be launching these EVs in the global market. GoGoro already has a deal in place with Hero MotoCorp for battery swapping infrastructure and the creation of new electric scooters.

For the Indian and other international markets, Yamaha Motor Company is developing a brand-new platform at its headquarters in Japan. This new platform will provide customers with unique designs and good power.

Yamaha believes that the Indian government is serious about EVs, which is reflected by its FAME II policy. Once a final policy is made up, Yamaha will launch its EVs in the country accordingly.

Ravinder Singh, senior vice president – sales and marketing, Yamaha Motor India Sales Pvt Ltd told Autocar India, “We have the technology, but we are looking at the right time for when to enter.”

Bajaj, TVS and Hero Electric already sell electric vehicles in India. Hero Motor Corp and Suzuki also have confirmed to soon launch EVs in the market, which will increase the overall competition for Yamaha when it finally releases its EVs in the country.



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