With the Indian semiconductor sector projected to reach $64 billion by 2026, the country hopes $10.2 billion in subsidies will bring in chip manufacturers and further boost its semiconductor economy. In the list below, we spotlight some major multinational companies already investing in semiconductor innovation in Pune.
Top Semiconductor Companies in Pune
- Marvell Technology
- Alphawave Semi
- Imagination Technologies
5 Semiconductor Companies in Pune to Know
Marvell Technology is a U.S. company that designs and manufactures semiconductors for the data infrastructure technology that powers cloud computing, smart cars and 5G connectivity. The company, which already has a presence in Pune, announced in 2023 that it would open a new 100,000-square-foot office, enabling it to increase its local headcount to about 500 employees. The new R&D center will also have two large laboratories with about 300 servers.
Nvidia, a U.S. company mostly known for graphic processing units (GPUs), develops processors, software and computing systems that power AI innovation in the manufacturing, automotive and healthcare industries. In Pune, Nvidia operates a 350,000-square-foot development center that focuses on software development, testing and driver development for some of the company’s core products.
NXP is a Dutch company that designs and manufactures semiconductors for the automotive, mobile phone and industrial sectors. Employing more than 2,500 engineers across India, NXP added a Pune office when it acquired Marvell’s Wi-Fi and Bluetooth connectivity division.
Alphawave Semi is a London-based company developing intellectual property and custom silicon chips for data centers, AI, autonomous vehicles and data storage. The company, which employs more than 700 people worldwide, announced in 2023 that it opened a 20,000-square-foot office and lab space in Pune.
Imagination Technologies is a U.K. company developing semiconductor IP through its design of GPUs, neural network accelerators and central processing units (CPUs). It’s also innovating in ray tracing, a graphic rendering technique that creates more realistic depictions of lighting, shadows and reflections. The company has three hubs in India, including an office at the Bajaj IT Tower in Pune.