$300 million to be invested by Microchip Technology to expand in India

05 Jul 2023 CW Team

Microchip Technology Inc, a global leader in microcontroller solutions, has inaugurated a new research and development (R&D) facility in Hyderabad, India. In addition, the company has announced a substantial investment of $300 million over the next few years to expand its operations in the country.

The investment will encompass the establishment of new engineering labs, talent acquisition efforts, and support for regional technology consortia and educational institutions. Furthermore, Microchip will enhance its existing facilities, including R&D centers in Bengaluru and Chennai, as well as sales offices in Bangalore, Chennai, Hyderabad, Pune, and New Delhi.

The newly inaugurated development center in Hyderabad is situated in the Kokapet business district and spans 168,000 square feet, providing space for approximately 1,000 employees. Ganesh Moorthy, President and CEO of Microchip, expressed the company's strategic commitment to India's growth, recognising the country's significant role as a source of business and technical resources in the semiconductor industry. Microchip's investments aim to capitalise on India's expanding presence in the global semiconductor landscape while contributing to its development.

Microchip joins other prominent American tech firms in bolstering their presence in India. This announcement follows Prime Minister Narendra Modi's recent visit to the United States, during which major semiconductor companies such as Micron Technology, Applied Materials, and Lam Research committed to investing in India's emerging semiconductor industry.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..