National: Microchip Technology has expanded its India footprint with the acquisition of 1.72 lakh square feet (16,000 square meters) of premium office space at the Export Promotion Industrial Park (EPIP) Zone in Whitefield, Bengaluru. This move highlights the company’s continued focus on strengthening its engineering and design capabilities in the region.
The facility will serve as a strategic extension of Microchip’s Bengaluru Development Center that can easily accommodate over 3,000 employees in the next 10 years. It is designed to support the company’s growing workforce and future hiring plans, encourage stronger collaboration across global and regional teams, and provide them with modern infrastructure for advanced research and development.
Talking on the new acquisition, Srikanth Settikere, vice president and managing director of Microchip’s India Development Center stated, “At Microchip, growth is about creating opportunities as much as scaling operations. With India contributing to nearly 20% of global semiconductor design talent, our new Bengaluru facility will sharpen our advanced IC design focus and strengthen our engagement in one of the country’s most dynamic technology hubs.”
Steve Sanghi, President and CEO of Microchip added, “We recently celebrated Microchip’s 25th anniversary in India and this office acquisition is a testament to our commitment in India. We believe our investments in the region will enable us to both benefit from and contribute to the country’s increasingly important role in the global semiconductor industry.”
The Bengaluru acquisition is Microchip’s second facility in Bengaluru besides its physical presence in Hyderabad, Chennai, Pune and New Delhi, reinforcing its long-term commitment to product development, business enablement and talent growth in India. With this expansion, the company further positions itself to deliver innovative semiconductor solutions across industrial, automotive, consumer, aerospace and defense, communications and computing markets.
