India is a high-growth market for Infineon, and the German semiconductor firm plans to double its headcount by 2030 as it looks to scale its R&D base in the country, a top company official has said.
Infineon has more than 58,000 employees worldwide, with most of them based in the APAC region. It employs over 2,500 people in India, primarily in R&D roles.
India is a growth market and critical R&D location for the company, Infineon Technologies CMO and management board member Andreas Urschitz said during a media roundtable here.
"We are doing lots of innovation in India and intend to heavily invest and grow our R&D base here...in terms of our long-term planning towards 2030, we intend to double the number of people in India," he said.
The semiconductor firm intends to support the country's domestic market and explore joint growth opportunities with Indian partners and customers, he added.
Currently, India contributes a low single-digit percentage to Infineon's group ...