Company will invest $5 million in engineering and design center Microprocessor maker Advanced Micro Devices Inc. (AMD) is planning to establish an engineering and design center in the Indian city of Bangalore, the company said Thursday.The company will invest approximately $5 million over the next three years to establish the center, which will be run by a new subsidiary called The AMD India Engineering Centre Pvt. Ltd. Initial plans call for the center to open during July this year and employ around 40 people by the end of the year. This is expected to grow to a staff of around 120 engineers by the end of 2005, the company said in a statement.The 3,500 square meter facility will be located in Bangalore’s central business district and be a certified Software Technology Park of India facility, which will allow the company to benefit from incentives such as tax breaks and exemptions from customs duty, according to AMD. Engineers at the center will work on part of the design for future generations of AMD microprocessors and be closely tied to the chip maker’s engineering team in the U.S., it said.The announcement represents a significant expansion of AMD’s operations in India, said Rahul Singh, a spokesman for AMD in Bangalore. At present the company’s sales and marketing subsidiary is present in three cities, New Delhi, Bangalore and Mumbai, but the company does not have any other operations in the country, he said. Technology Industry