Microchip opens new R&D facility in Hyderabad
With capacity for 1,000 employees, the 1.68 lakh-sq-ft center will support growth plans for many years to come
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Microchip opens new R&D facility in Hyderabad
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Hyderabad Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced the inauguration of its relocated Hyderabad research and development center in Hyderabad. The new development center joins two other development centers in Bengaluru and Chennai, in addition to sales offices in Bengaluru, Chennai, Hyderabad, Pune and New Delhi.
Microchip purchased five floors for its 1.68 lakh-sq-ft R&D center in the 15-storey office tower at Kokapet. Expanding its footprint with this relocated R&D center will allow the company to add to its talented workforce in India. It is a key element of a multi-year investment initiative that the company also announced today, aimed at growing its presence in this fast-growing regional semiconductor hub.
The inauguration ceremony was attended by Telangana IT & Industries Minister KT Rama Rao, IT Principal Secretary Jayesh Ranjan, India Electronics and Semiconductor Association President & CEO Krishna Moorthy, Microchip President & CEO Ganesh Moorthy and its India Development Center MD Srikanth Settikere.
“We congratulate Microchip as the latest global technology leader to expand its operations in Hyderabad,” Rao said. “Microchip’s commitment to additional investments here further validates our success in cultivating one of the world’s deepest talent pools and creating a world-class business infrastructure for supporting corporate growth and success.”
“We applaud Microchip for its accomplishments to date in Hyderabad, and its vision for continuing growth here,” Ranjan said. “Microchip is a longstanding member of the Hyderabad business community, and we are delighted to help inaugurate this new facility that will serve the company and its employees and customers well into the future.”
“Building on nearly 25 years of successful operations in India, this new facility will enable us to execute Microchip’s growth plans for many years to come,” said Ganesh Moorthy. “It is ideally situated in one of India’s top business corridors and will enable us to significantly expand headcount to support global Microchip business needs and our growing customer base in the region.”
