Microchip Technology announces a multi-year initiative to invest approximately $300M in expanding its operations in India. Microchip’s planned investments are focused on: Additional improvements to Microchip’s Bangalore and Chennai facilities and the new research and development center in Hyderabad; Expanding and enhancing its engineering labs; Serving the technical and business support requirements of a large and growing set of customers in India; Accelerating hiring as the company taps into India’s growing talent pool; Sponsoring technical consortia and supporting academic institutions and programs; Launching a variety of Corporate Social Responsibility programs tailored to regional needs. Approximately 2,500 Microchip employees in India are integral to the company’s semiconductor design and development, sales and support, IT infrastructure and application engineering operations. They strengthen corporate initiatives, support 2,000 customers in the region and make valuable contributions across more than 25 business units that develop solutions for industrial, automotive, data center, aerospace and defense, communications and consumer industries.
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