Microchip Technology expands India presence with new Bengaluru office

13 Nov 2025 CW Team

Microchip Technology, the global semiconductor company listed on Nasdaq (MCHP), has expanded its India operations with the acquisition of 1.72 lakh sq ft of premium office space at the Export Promotion Industrial Park (EPIP) Zone, Whitefield, Bengaluru. The move underlines Microchip’s continued focus on strengthening engineering and design capabilities in one of India’s leading technology hubs.

The new facility will act as an extension of Microchip’s Bengaluru Development Center and is designed to accommodate over 3,000 employees over the next decade. With modern infrastructure to support advanced research and development, the space aims to enhance collaboration between the company’s global and regional teams.

Speaking about the expansion, Srikanth Settikere, Vice-President and Managing Director of Microchip’s India Development Center, said the new investment reflects the company’s commitment to creating opportunities and scaling operations. He highlighted that with India contributing nearly 20 per cent of global semiconductor design talent, the Bengaluru facility will bolster Microchip’s advanced IC design efforts.

Steve Sanghi, President and CEO, Microchip, noted that the development comes as the company marks 25 years in India. He said the acquisition reinforces Microchip’s long-term commitment to the country and its growing role in the global semiconductor ecosystem.

The new office is Microchip’s second facility in Bengaluru, complementing its existing presence in Hyderabad, Chennai, Pune and New Delhi. The expansion further strengthens its capabilities across industrial, automotive, consumer, aerospace and defence, communications and computing segments.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..