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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...

India plans to introduce safety rating system for passenger cars soon

India will introduce a safety rating system for passenger cars – a measure it hopes will encourage manufacturers to provide advanced safety features and will boost the “export worthiness” of vehicles produced in the country.

The Road Transport Ministry said in a statement it will assign a rating of one to five stars for cars, based on tests assessing adult and child occupant protection as well as safety assist technologies.

The new system is slated to come into effect in April 2023.

India, which has some of the world’s deadliest roads, has also proposed mandating that all passenger cars have six air bags, despite resistance from some carmakers which say it will increase the cost of vehicles. Current rules call for two airbags – one for the driver and one for the front passenger.

India is the world’s fifth-largest car market, with annual sales of around 3 million units a year. Maruti Suzuki, majority owned by Japan’s Suzuki Motor, and Hyundai Motor are the biggest-selling automakers.

— Reuters

The post India plans to introduce safety rating system for passenger cars soon appeared first on BGR India.



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