Marvell Technology, a U.S.-based semiconductor company, plans to invest $250 million in India over the next three years to enhance its research and development capabilities and workforce.
BENGALURU—Marvell Technology, a prominent U.S. semiconductor firm, announced on July 29 its intention to invest $250 million in India over the next three years. This investment aims to bolster the company’s research and development capabilities, engineering talent, and infrastructure, highlighting India’s increasing significance in the global semiconductor landscape.
This announcement aligns with the 20th anniversary of Marvell’s operations in India and includes plans to double its workforce during this period.
As part of this expansion, Marvell will inaugurate a new wing at its Bengaluru office and enhance its presence in Hyderabad. These developments are designed to support the design and development of advanced semiconductor solutions for applications in artificial intelligence (AI), cloud computing, and data infrastructure.
Navin Bishnoi, Vice President and Country Manager for Marvell in India, emphasized the critical role that the company’s Indian operations play in developing infrastructure technologies utilized by leading hyperscalers and cloud service providers globally.
“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,” Bishnoi stated.
He expressed gratitude to the company’s customers, partners, government collaborators, academic institutions, and especially the dedicated team whose innovation and expertise have been vital to Marvell’s growth and success in India.
Marvell established its operations in Bengaluru in 2006 and has since transformed India into its second-largest research and development center worldwide.
The company operates centers in Bengaluru, Pune, and Hyderabad, where teams focus on cutting-edge semiconductor technologies. These include 2-nanometre process nodes and beyond, high-speed analog intellectual property, subsystem design, software and firmware development, and end-to-end silicon engineering.
In addition to its internal growth, Marvell plans to continue investing in India’s broader semiconductor ecosystem through collaborations with universities, startups, industry associations, and government organizations, according to IANS.