📋 Tender Overview
Scope : To Set up an Engineering Centre in Bengaluru, Karnataka
Applied Materials announced an investment plan of USD 400 million spread over the next four years to set up an engineering centre in Bengaluru.
Applied Materials is planning to build an engineering centre in Bengaluru focused on developing and commercialising technologies for semiconductor manufacturing equipment with an estimated total investment of $400 million over four years.
Expected to be located near Applied’s existing campus in Bengaluru, In its first five years of operations, the centre is expected to support more than $2 billion of planned investments and create at least 500 new advanced engineering jobs along with potentially another 2,500 jobs in the manufacturing ecosystem.
Their plan to establish a new collaborative engineering centre in Bangalore strengthens their efforts to help advance India on its journey to becoming a global semiconductor hub
The aim for the centre is to play a critical role in bringing synergies between engineers, academia and suppliers.
The centre will enable them to collaborate in one location with a common goal of accelerating development of semiconductor equipment sub-systems and components and will also train and develop future semiconductor industry talent.
