Microchip Technology is expanding its operations in India to meet growing demand for its products, design services and back-office support.

“Growing demand for better energy management is leading to greater adoption of digitally programmable micro-controller solutions in motor, lighting and power-related applications," said Microchip CEO Steve Sanghi.

"With double digit growth in the sub-continent as against single digit growth in developed markets, we see the Indian market playing a key role in our future prospects," he added.

In line with projections made by an Indian Semiconductor Association-Frost & Sullivan study recently, the Indian subsidiary is ramping up its headcount in marketing and sales, design and development centre and call centre for servicing its customers worldwide.

The subsidiary has trebled headcount in the development centre here to 150 engineers and 120 in the sales and technical divisions across 30 locations in the country during the past two years.

"The automotive, telecom and power distribution segments are fuelling the market for our micro-controllers in India, thanks to the record growth posted by these verticals in a burgeoning economy," Sanghi noted.

IANS