Infineon CMO, Andreas Urschitz talks about the importance of India’s growth potential and plans to increase the number of Indian employees by 2030 from the current 2500 to 5000. The global company that began in 1999 has over 58,000 employees worldwide majorly from the APAC region.
It manufactures chips for the automobile sector and Urschitz clarified that though have no plan to establish a manufacturing unit here in India, they plan on collaborating with other firms to boost India’s participation in R&D.
“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.
Infineon recently announced a partnership with CDIL semiconductors based in Mohali to supply bare die wafers to CDIL. This possibly means that the chip giant has no plan to invest in the $10 billion Semiconductor Mission of India, which has now attracted around $18 billion investment by firms like the US-based Micron Technology, Tata’s, Murugappa Group’s CG Power along with Japan’s Renesas, and Kaynes Semicon units are in further construction.
The first phase of the mission began in December 2021 with a $10 billion corpus and it has started the second phase working and has built a $15 billion blueprint for the same. The impetus to chip manufacturing is a strategic pillar for sustainability in the IT sector and the recent collaborations announced by Infineon are a golden opportunity for Indian workers to learn from the tech giant.
