Analog Devices sees India as key R&D hub: Company India head

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With its R&D centre in Bengaluru being one of the largest globally, ADI is tapping into India's vast potential to contribute significantly to the semiconductor industry, which is projected to double in size over the next seven years, reaching over a trillion dollars, said Srinivas Prasad, Senior Director, India Site Head, Analog Devices India.

Global semiconductor firm Analog Devices (ADI) sees India as a pivotal hub for its R&D efforts, recognising the country not only as a key player in engineering talent but also as a burgeoning market opportunity, a company executive said.

"We are looking at India as one of the most strategic research and development (R&D) sites for Analog Devices, and Bengaluru is one of our largest R&D centres globally.

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Category: BusinessFinance

Markets: India

Topics: Semiconductor industry Analog Devices Limerick Adi Tata Motors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-19 @ 14:22:59 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 10 lines

Sentence Length: 38 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23125418

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