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

Quick Summary:

Allegro MicroSystems, a US-based semiconductor company, has launched an R&D center in Hyderabad, India.

The facility will focus on developing technology for electric vehicles, automotive, and robotics.

With plans to employ 500 people, the center reinforces India's commitment to building a self-reliant semiconductor industry.

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Article Details

Author / Journalist: Swati Bharadwaj

Category: EconomyBusiness

Markets: IndiaAustraliaSri Lanka

Topics: Semiconductor ecosystem in India Allegro MicroSystems Electric vehicles in India EV technology solutions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 13:38:05 (3 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 673 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23599047

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