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Doing Business in India An AMD perspective

Doing Business in India An AMD perspective. June 2006. Milestones. 2001 :- Liason office setup with 2 employees. 2001 :- Registered under DGFT. 2001 :- Registered under RoC. 2002 :- Headcount expansion plan filed with DGFT. 2002 :- India Engineering Center plan announced.

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Doing Business in India An AMD perspective

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  1. Doing Business in IndiaAn AMD perspective June 2006

  2. Milestones • 2001 :- Liason office setup with 2 employees. • 2001 :- Registered under DGFT. • 2001 :- Registered under RoC. • 2002 :- Headcount expansion plan filed with DGFT. • 2002 :- India Engineering Center plan announced. • 2003 :- Headcount expanded to 5 employees. • 2003 :- ExIm license obtained under DGFT green channel. • 2004 :- Headcount expanded to 98 • 2005 :- India Fab setup announced with SemIndia and MoIT. • 2005 :- Headcount expansion to 168. • 2005 :- India revenue in excess of US$75 million • 2006 :- India blue print established. Server/Workstation Processor Roadmaps

  3. Learnings • Most documentation takes between 4-6 weeks to apply (with legal clearance). • Most approvals take between 2weeks – 2months. • GoI Helpdesk the best resource for companies setting up in India. • Green Channel policy of GoI by the fastest and most MNC friendly in Asia. (Far easier than China). • Best to have internal resources to go through the formalities than appoint agents or have consultants. • Everything is between 5minutes to 20minutes away () Server/Workstation Processor Roadmaps

  4. Strengths • Labor : Highly skilled and cost effective workforce in India. • Infrastructure : Has come a long way in the last 5 years and the future looks bright. • Governance : Largely popular based governance with employment generation being the key. Foreign companies are seen as generators rather than blockers. • Connectivity : New LCCs and the golden quadrilateral projects have shown that India is coming up in a BIG way. • Bureaucracy : Largely friendly, intelligent people are working overtime to get rid of the “Babu-dom” image that was there. Server/Workstation Processor Roadmaps

  5. Weakness • Labor : High attrition rate, better jobs across segments. People from FMCGs moving to IT, etc. • Import evaluation : Still at the discretion of the Indian Customs Department (CBEC) and open to interpretation a lot of times on assessed value vs. Fair Market Value. • Traffic : Can be a nightmare in cities like Delhi, Mumbai and Bangalore. • Expat registration : Still a cumbersome process, and can take between 2-4months to move an expat family to india. Server/Workstation Processor Roadmaps

  6. 2006 and beyond • AMD renews its commitment to the Indian market by placing it as a separate GEO in the corporate matrix. • Indian IT market was estimated to be at 4.7mn units at the beginning of 2005 and ended up at 6.0mn units by the end of 2005. • The market is practically exploding in all sectors in India. • Indian consumer electronics was worth US$3.4bn in 2005 a rise of 14% over the previous year. • A CAGR of 11% across the year till 2010 across market segments. Server/Workstation Processor Roadmaps

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