Marvell Invests $250M in India to Expand AI Development - I-Connect007
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Estimated reading time: 2 minutes Marvell Technology, Inc., a leader in data infrastructure semiconductor solutions, announced plans to invest $250 million in India over the next three years to expand its capabilities across technology, talent and infrastructure. The announcement coincides with a milestone event celebrating 20 years of innovation in India, highlighting the company's contributions to global technology development, its continued investment in the region and its commitment to advancing India's semiconductor ecosystem and engineering talent. As part of this investment, Marvell plans to double its headcount over the next three years and is unveiling a new wing at its Bangalore office while expanding its presence in Hyderabad. The expanded footprint will strengthen the company's global innovation network, supporting the design and development of advanced semiconductor solutions for AI, cloud and data infrastructure applications. "India has become a strategic hub of engineering excellence for Marvell, playing a critical role in advancing the infrastructure technologies that power the world's leading hyperscalers and cloud providers," said Navin Bishnoi, vice president and India country manager, at Marvell. "As we celebrate 20 years in India, we remain committed to expanding R&D investments, strengthening the country's semiconductor ecosystem and developing the next...
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