Advanced Micro Devices (AMD) is warming to the idea of building a chip manufacturing plant in India, which would be a significant breakthrough for the country's high-tech ambitions.

Read the full story at The New York Times :

Several of the world's top chip vendors, including AMD, Intel and Texas Instruments, have set up chip design facilities in India. But the country does not yet have a state of the art chip manufacturing plant. Intel said earlier this year it had decided against setting up such a plant, because the Indian government was slow to articulate its policies for the semiconductor industry.

Hector Ruiz, AMD's chairman and CEO, was in India Thursday to announce the opening of a new, 52,000 square-foot AMD design facility in Bangalore that will house up to 350 engineers. The company has outgrown its previous design facility, which opened in 2004.

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