German chipmaker Infineon to expand India ops with new R&D and supply chain investments
New Delhi, May 31 -- German chipmaker Infineon Technologies plans to expand its India operations by investing in semiconductor research, development, and supply chain infrastructure, according to Vivek Mahajan, senior vice president at the Neubiberg-headquartered firm, one of the world's 10 largest semiconductor companies.
In an interview, Mahajan said the former Siemens AG arm aims to nearly double its Indian workforce from 2,600 today to about 5,000 by 2030. The €14.66-billion giant's expansion is driven by India's green energy growth, supported by existing partnerships with Continental Device India Ltd (CDIL) and Kaynes Semicon, a unit of NSE-listed Kaynes Technologies. CDIL is among the pioneers of semiconductor chips and devic...
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