New Delhi: German semiconductor firm Infineon Technologies is set to expand its presence in India, with plans to double its workforce in the country by 2030 as part of its long-term research and development (R&D) strategy. The move underscores India’s growing importance as a key innovation hub for the company.
Infineon, which employs over 58,000 people globally—mostly in the Asia-Pacific region—currently has more than 2,500 employees in India, primarily engaged in R&D. Speaking at a media roundtable, Andreas Urschitz, Chief Marketing Officer and management board member of Infineon emphasized the company’s commitment to expanding its R&D base in India.
“We are driving significant innovation in India and are committed to investing heavily in our R&D capabilities here. As part of our long-term vision for 2030, we aim to double our workforce in India,” Urschitz said.
While India presently contributes a low single-digit percentage to Infineon’s global revenue, the company expects this figure to grow substantially in the coming years. However, Urschitz clarified that Infineon does not have immediate plans to set up manufacturing facilities in the country.
Strengthening Ties with the Indian Ecosystem
Infineon is deepening its engagement with India through strategic collaborations. It has signed memorandums of understanding (MoUs) with the Ministry of Commerce and Industry under the Startup India initiative and the Ministry of Electronics and Information Technology (MeitY) through the National Institute of Electronics & Information Technology (NIELIT).
Under the Startup India partnership, Infineon will mentor Indian startups in electronics and microelectronics, providing technical support to accelerate innovation and prototyping. The company also plans to host five to six Indian startups annually at its co-innovation facility in Singapore, offering hands-on exposure to global industry practices.
The second MoU with NIELIT focuses on training students in semiconductor technology, leveraging Infineon’s global expertise to strengthen India’s talent pipeline.
Additionally, Infineon is collaborating with domestic players such as electronics manufacturer Kaynes Technology and electric vehicle maker Ather Energy.
In the fiscal year ending September 2024, Infineon reported a revenue of €15 billion, further reinforcing its position as a global leader in the semiconductor industry.
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