Telangana's Minister for Information Technology, KT Rama Rao (KTR), formally launched a state-of-the-art semiconductor design and development facility for Microchip Technology Inc. at Kokapet on Monday. Minister KTR outlined the potential collaboration between Microchip Technology and the Telangana Mobility Valley initiative, a project spearheaded by the Telangana government. He emphasized that the automotive and aerospace industries could particularly benefit from the emerging semiconductor sector in India. Microchip Technology Inc., a publicly listed American corporation valued at USD 8.4 billion, is a leading manufacturer of microcontrollers, mixed-signal, analog, and Flash-IP integrated circuits. With a strong strategic presence in Bangalore, Chennai, and Hyderabad, Microchip India employs over 2,000 individuals. The team is committed to providing a wide array of customers worldwide with outstanding products and solutions. The new facility represents a significant development in the company's Indian operations.
