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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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Booked Ola S1, Ola S1 Pro? Here’s when the company will open the next purchase window

Ola Electric has finally unveiled a timeline for the deliveries of the Ola S1 and Ola S1 Pro. The test drives for the scooter have also been going on for a few weeks. However, some buyers who had booked the scooters still haven’t managed to purchase it. Ola Electric has now revealed the next time slot to complete the purchase for the scooter.

The deliveries of the new Ola S1 electric scooters will only be done for buyers who have made the payment for the scooter. However, few customers who had completed the booking for the Ola S1 and Ola S1 Pro in the month of September are yet to make their final payment for the scooter. In response to one such tweet, Ola Electric confirmed that the next purchase window will open only in late January.

Currently, the company is focusing on expanding the test drive service to more cities of the country. According to Ola Electric, the company will soon be able to scale up to 1000 cities and towns for test drives.

Ola CEO, Bhavish Aggarwal revealed the delivery dates of the scooter last week. Aggarwal shared that the deliveries of the Ola S1 and Ola S1 Pro will begin from 15 December. He also shared a few images of the warehouse where the finished products have been parked. In a tweet he said, “Scooters are getting ready. Slightly smiling face Production ramped up and all geared to begin deliveries from 15th Dec. Thank you for your patience!”


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Ola Electric’s Ola S1 and Ola S1 Pro have become one of the most awaited electric scooters. The company will be entering the competition against the likes of Hero Electric, Okinawa Autotech, Ather Energy, Revolt and PureEV. Currently, the market leader is Hero Electric, according to data for the month of October.

While Ola has managed to grab eyeballs with the features and driving range of Ola S1 and Ola S1 Pro, it is yet to deliver on the promises made to buyers. The company’s manufacturing facility in Chennai could help it boost to the top ranks in the electric two-wheeler segment.

The post Booked Ola S1, Ola S1 Pro? Here’s when the company will open the next purchase window appeared first on BGR India.



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