Microchip Technology has announced a US$65 million investment plan for India over the next five years.
Microchip, with over US$1 billion in sales last year, is renowned for designing high-volume embedded control solutions for the consumer, automotive, office-automation, communications and industrial-control markets worldwide.
As part of that investment, Microchip is expected to create 300 jobs at its new wholly-owned facility, the India Development Centre, Bangalore. The fully-fledged development centre, which works on integrated-circuit development and marketing, microcontroller development tools and corporate information systems, was officially inaugurated by Mrs R. Rajalakshmi, Director, Software Technology Parks of India, Bangalore and Microchip's Executive Vice President, Ganesh Moorthy.
"Located at the Whitefield Export Promotion Industrial Park, Microchip’s India Development Centre is a state-of-the-art facility that plays an important role in the development of world-leading 8-, 16- and 32-bit microcontrollers and digital signal controllers. The Centre has already delivered many technology innovations, including work on the PIC18 and PIC24 microcontroller and dsPIC digital signal controller designs, as well as digital-power and motor-control solutions," said Moorthy.
"Today’s investment demonstrates Microchip’s long-term commitment to India, and builds on the foundation we have created over the last 12 years. Not only are we impressed by the quality of the workforce available in India, we also see an opportunity in the emergence of many Indian companies as global powerhouses in the development of embedded systems.”
Microchip Technology, which has sales offices in Bangalore, New Delhi and Pune, is also supported by 120 sales and technical representatives from seven distribution partners spread across 40 locations in India.
Microchip Technology
