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Marvell Technology to invest $250 million in India, double headcount
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News India Times
- ADVERTISEMENT -July 29 (Reuters) – Marvell Technology will invest $250 million in India over the next three years to expand its technology, talent and infrastructure capabilities, the firm said on Wednesday.
The U.S.-based company joins a growing list of global semiconductor firms expanding their engineering operations in the country amid AI-driven demand for chips.
Here are some details:- ADVERTISEMENT -• Chip designer Marvell, which began its India operations in 2006, plans to double its India headcount as part of the investment.
• The company also said it would open a new wing at its Bengaluru office while expanding its presence in Hyderabad.
• The expanded footprint is expected to support the development of advanced semiconductor solutions for AI, cloud, and data infrastructure applications.