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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...

Delhi govt to add 1,500 low-floor electric buses in its fleet: Check details

The Delhi Government has given a green flag for the induction of 1,500 low-floor electric buses in its public transportation fleet. 10 sites across the city are also allocated to agencies for setting up Electric Vehicle (EV) charging stations and battery swapping stations by the government. This order comes under Delhi EV Policy 2020, an official said in a statement.

In addition to this, the government also gave its approval to run 75 inter-state buses along 11 routes across five states and a Union Territory.

Delhi government approves 1,500 electric buses for public transportation

The 10 sites which have been allocated to various service providers for establishing EV charging and battery swapping stations are Ambedkar Nagar Depot, Jal Vihar Terminal, Dilshad Garden Terminal, Karawal Nagar Terminal, Shadipur Depot, Mayapuri Depot, Bindpur Terminal, East Vinod Nagar, Punjabi Bagh, and Rohini Depot-I. Delhi Transco Limited (DTL) has identified four service providers through a competitive bidding process who will soon sign an agreement with DTC for setting up the EV charging/battery swapping stations in these locations. The DTC Board also resolved to provide in-principle approval for procurement of 75 (38 non-AC and 37 AC) CNG standard floor buses for inter-state operations, it said.

These buses will ply on 11 routes across five states (Uttarakhand, Uttar Pradesh, Rajasthan, Haryana, Punjab) and Chandigarh — between Delhi-Rishikesh, Delhi-Haridwar, Delhi-Dehradun, Delhi-Haldwani, Delhi-Agra, Delhi-Bareilly, Delhi-Lucknow, Delhi-Jaipur, Delhi-Chandigarh, Delhi-Panipat, and Delhi-Patiala, the statement said.

DTC board announces new guidelines for women seeking employment

The DTC board has also announced a few guidelines. The DTC board has decided to enhance the stipend paid to women during training for engagement to the post of drivers on contract basis from Rs 6,000 to Rs 12,000 per month with HMV driving licence.

The board had already dropped the condition of holding an HMV driving licence for at least three years for women seeking employment as bus drivers in its fleet, the statement said.

Looks like Delhi government is giving a major push to electric vehicles. Back in March this year, the government launched My EV Portal to provide interest subvention on loans to purchase Electric Auto Rickshaws. With this, those who buy e-autos quickly get government help.

(With inputs from PTI)

The post Delhi govt to add 1,500 low-floor electric buses in its fleet: Check details appeared first on BGR India.



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