Allegro MicroSystems’s decision to expand operations in Hyderabad aligns with the city’s robust infrastructure, skilled talent pool, and supportive government initiatives.
Published Date – 15 November 2024, 05:17 PM
Hyderabad: Allegro MicroSystems, a global leader in magnetic sensing and power IC solutions, launched its state-of-the-art Research & Development (R&D) facility in Hyderabad. The facility has already employed nearly 100 highly skilled professionals and plans to scale its headcount to 500 in the near future.
Located in Hyderabad, the new R&D centre will be a Centre of Excellence on analog and mixed signal design, verification and validation for the EV, automotive, and robotic automation markets, driving advanced technological development and positioning Hyderabad as a leader in emerging technology solutions.
Allegro MicroSystems’s decision to expand operations in Hyderabad aligns with the city’s robust infrastructure, skilled talent pool, and supportive government initiatives.
Allegro MicroSystems, one of the key supplier to top automotive brands like BMW and other leading EV manufacturers, brings valuable expertise in battery management, EV powertrain, future mobility solutions and autonomous vehicle solutions.
“Currently, India imports over 90 percent of its semiconductors. Our government’s mission is clear and aims to build a robust, self- sustaining semiconductor ecosystem. Telangana is fully committed to creating an environment that advances this vision, welcoming global leaders like Allegro to Hyderabad as strategic partners in this transformative journey,” Industries Minister D Sridhar Babu said.
Vineet Nargolwala, CEO, Allegro MicroSystem, said “We are thrilled to be part of Telangana‘s vibrant technology ecosystem and contribute to India’s semiconductor ambitions. Hyderabad’s exceptional talent pool, supportive government policies, and strategic location make it an ideal hub for Allegro MicroSystems’s expansion.”