US Chipmaker Marvell To Invest $250 Million In Bengaluru, Hyderabad
BENGALURU- US-based semiconductor company Marvell Technology on July 29 announced plans to invest $250 million in India over the next three years to expand its research and development capabilities, engineering talent and infrastructure, reinforcing the country’s growing role in the global semiconductor industry.
The investment coincides with the company’s 20th anniversary of operations in India and includes plans to double its workforce over the next three years.
As part of the expansion, the company will inaugurate a new wing at its Bengaluru office while expanding its presence in Hyderabad to support the design and development of advanced semiconductor solutions for artificial intelligence (AI), cloud computing and data infrastructure applications.
Marvell Technology Vice President and India Country Manager Navin Bishnoi said the company’s India operations now play a critical role in developing infrastructure technologies used by leading hyperscalers and cloud service providers worldwide.
“India has become a strategic hub of engineering excellence for Marvell, playing a critical role in advancing the infrastructure technologies that power the world’s leading hyperscalers and cloud providers,” Bishnoi said.
“We are grateful to our customers, partners, government collaborators, academic institutions and especially our exceptional team, whose innovation, expertise and dedication have been instrumental to the growth and success of Marvell in India,” he added.
The company established its India operations in Bengaluru in 2006 and has since grown the country into its second-largest research and development organization globally.
The company operates centers in Bengaluru, Pune and Hyderabad, where teams work on advanced semiconductor technologies, including 2-nanometre process nodes and beyond, high-speed analog intellectual property, subsystem design, software and firmware development, and end-to-end silicon engineering.
The company said it will also continue investing in India’s broader semiconductor ecosystem through collaborations with universities, startups, industry associations and government organizations. (IANS)
