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Semicon firm Marvell to invest $250 mn in technology, talent and infrastructure in India – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Semicon firm Marvell to invest $250 mn in technology, talent and infrastructure in India

Semicon firm Marvell to invest 0 mn in technology, talent and infrastructure in India

AI Chip technology concept
| Photo Credit: The Hindu

Marvell Technology, Inc., a Nasdaq-listed firm in data infrastructure semiconductor solutions, will invest $250 million in India over the next three years to expand its capabilities across technology, talent and infrastructure.

The company, which plans to double its headcount over the next three years, is opening a new wing at its Bangalore office, while expanding presence in Hyderabad. The expanded footprint will strengthen its global innovation network, supporting the design and development of advanced semiconductor solutions for artificial intelligence (AI), cloud and data infrastructure applications.

“India has become a strategic hub of engineering excellence for Marvell, playing a critical role in advancing the infrastructure technologies that power the world’s leading hyperscalers and cloud providers,” said Navin Bishnoi, vice president and India country manager, at Marvell.

Committed to expanding R&D investments, strengthening India’s semiconductor ecosystem and developing the next generation of technology talent, Marvell has also invested in the long-term growth of India’s semiconductor ecosystem through collaboration with universities, startups, industry associations, and government organisations.

Marvell established operations in Bengaluru in 2006 and has since grown India into the company’s second-largest R&D organisation worldwide, contributing across numerous technology platforms.

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