Analog Devices Expands its Presence in India with New Centre in Hyderabad
In the last eight months, Analog Devices increased its headcount in India by 30%.
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Analog Devices, US-based semiconductor company, sees significant growth opportunities in the Indian market.
Already established in Bengaluru and Gandhinagar, the company plans to open a new centre in Hyderabad.
Vivek Tyagi, MD of Field Sales at Analog Devices India (ADI) said that in the past eight months, Analog Devices grew its headcount by 30% in India, emphasising its focus on the region.
The company employs about 1,500 people in India, with around 1,200 being engineers. Tyagi noted the growing electric vehicle market in India, especially the two-wheeler segment, where over 10% of sales are electric.
The EV industry forecasts that 50% of two-wheelers sold will be electric in India by 2030. Electrification trends and higher semiconductor usage in electric cars are key drivers.
Tyagi also emphasised the contribution of electronic systems to India’s GDP, estimated at $300 billion.
He highlighted the company's focus on technological innovation, including the wireless battery management system (BMS), first shipped in 2021.
Srinivas Prasad, senior director and India Site Head, stated that Analog Devices will continue to invest in assets, sales, and infrastructure in India.
Analog Devices reported an annual revenue of $12.3 billion in the last year and is leveraging Artificial Intelligence.
