Microchip Technology Sets Up New R&D Centre in Chennai
- The new centre will focus on IC design, physical design, Computer-aided Design (CAD), application and software development.
- It is poised for further expansion with potential capacity of 1,200 employees.
Microchip Technology Inc., a US-based semiconductor supplier of smart, connected and secure embedded control solutions, has set up a new research and development centre in Chennai, India.
Headquartered in Arizona, Microchip has had a presence in Chennai since 2012 and has been growing steadily since then. The new centre will focus on IC design, physical design, Computer-aided Design (CAD), application and software development.
It will also catalyse the development of the local ecosystem for integrated circuit design and specialized embedded systems development.
Spread over approximately one lakh square feet, the new centre is poised for further expansion and headcount growth, accommodating up to 1,200 employees.
Continuing Expansion and Commitment to India
With additional development centres in Bangalore and Hyderabad, Microchip’s commitment to India has continued to grow over the years, with a six-fold increase in employees over the last 10 years to approximately 1,800 employees today.
Microchip’s customer base in India has also grown significantly to over 1,500 today. With more than 18 business units and corporate functions already present in India, Microchip’s continued investments in the region make it a key player in the Indian semiconductor market.
Inaugurating the centre, Ganesh Moorthy, President and Chief Operating Officer of Microchip Technology Inc., said, “The new Chennai development centre underscores Microchip’s commitment to designing and developing differentiated embedded control solutions for our customers. Microchip’s continued investment in India provides opportunities for the country’s workforce of highly qualified engineers while allowing us to better serve our growing customer base in the region.”