Allegro MicroSystems of US opens new R&D facility in Hyderabad with plans to rent 500 techies

HYDERABAD: US-based magnetic sensing and energy IC options supplier Allegro MicroSystems has arrange a analysis & growth (R&D) facility in Hyderabad with plans to scale up its headcount to 500 within the close to future from almost 100 at present.
The brand new R&D centre will likely be a centre of excellence (CoE) on analog and combined sign design, verification and validation for the EV, automotive, and robotic automation markets, driving superior technological growth and positioning Hyderabad as a frontrunner in rising expertise options.
Allegro MicroSystems mentioned it’s choice to develop operations into Hyderabad aligns with the town’s sturdy infrastructure, expert expertise pool, and supportive authorities initiatives.
Allegro MicroSystems is a key provider to prime automotive manufacturers like BMW and different main EV producers with experience in battery administration, EV powertrain, future mobility options and autonomous automobile options.
With India specializing in EV adoption, this experience will assist Telangana construct the technological capabilities wanted to help the booming EV manufacturing sector in each the state and the nation, Telangana IT & industries minister Duddilla Sridhar Babu mentioned after a gathering with the management staff from Allegro MicroSystems led by its CEO Vineet Nargolwala.
The corporate’s senior vice presidents Suman Narayan and Max Glover too have been current on the event.
“India is on the verge of a semiconductor revolution and the shift in the direction of electrical automobiles (EVs) will additional drive semiconductor demand, as EVs require considerably extra chips than conventional automobiles,” mentioned Sridhar Babu.
“At the moment, India imports over 90% of its semiconductors. Our authorities’s mission is to construct a sturdy, self- sustaining semiconductor ecosystem. Telangana is absolutely dedicated to creating an atmosphere that advances this imaginative and prescient, welcoming world leaders like Allegro to Hyderabad as strategic companions on this transformative journey,” he added.
The minister mentioned the funding by Allegro has the potential to empower native entrepreneurs to localise options in battery administration, EV powertrains, future mobility, and autonomous automobile applied sciences, supporting India’s drive in the direction of an electrical automobile future.
Vineet Nargolwala, CEO, Allegro MicroSystem, mentioned: “Allegro MicroSystems’s new R&D heart in Hyderabad represents a major step ahead in our world product innovation technique. We’re thrilled to be a part of Telangana’s vibrant expertise ecosystem and contribute to India’s semiconductor ambitions.”
“Hyderabad’s distinctive expertise pool, supportive authorities insurance policies, and strategic location make it a super hub for Allegro MicroSystems’s growth. This facility will likely be instrumental in growing cutting-edge options for e-mobility, clear vitality, and automation, aligning completely with Allegro MicroSystems’s imaginative and prescient of a safer, extra sustainable, and autonomous future,” he added.