Microchip Know-how has expanded its India footprint with the acquisition of 1.72 lakh sq. ft (16,000 sq. meters) of premium workplace house on the Export Promotion Industrial Park (EPIP) Zone in Whitefield, Bengaluru. This transfer highlights the corporate’s continued deal with strengthening its engineering and design capabilities within the area.
The power will function a strategic extension of Microchip’s Bengaluru Growth Middle that may simply accommodate over 3,000 staff within the subsequent 10 years. It’s designed to assist the corporate’s rising workforce and future hiring plans, encourage stronger collaboration throughout world and regional groups, and present them with fashionable infrastructure for superior analysis and growth.
Speaking on the brand new acquisition, Srikanth Settikere, vp and managing director of Microchip’s India Growth Middle said, “At Microchip, development is about creating alternatives as a lot as scaling operations. With India contributing to just about 20% of world semiconductor design expertise, our new Bengaluru facility will sharpen our superior IC design focus and strengthen our engagement in one of many nation’s most dynamic expertise hubs.”
Steve Sanghi, President and CEO of Microchip added, “We lately celebrated Microchip’s twenty fifth anniversary in India and this workplace acquisition is a testomony to our dedication in India. We imagine our investments within the area will allow us to each profit from and contribute to the nation’s more and more vital function within the world semiconductor business.”
The Bengaluru acquisition is Microchip’s second facility in Bengaluru in addition to its bodily presence in Hyderabad, Chennai, Pune and New Delhi, reinforcing its long-term dedication to product growth, enterprise enablement and expertise development in India. With this growth, the corporate additional positions itself to ship progressive semiconductor options throughout industrial, automotive, client, aerospace and protection, communications and computing markets.
