Hyderabad: Allegro MicroSystems, a US-based provider of magnetic sensing and power Integrated Circuit (IC) solutions, announced the launch of its state-of-the-art Research & Development (R&D) facility in Hyderabad on Friday.
In a press release, the Telangana government stated that IT and Industries Minister D Sridhar Babu, who met the leadership of Allegro MicroSystems, affirmed the government’s commitment to supporting the company’s growth by providing the necessary resources and infrastructure.
“Our government’s mission is clear– to build a robust, self-sustaining semiconductor ecosystem. Telangana is fully committed to creating an environment that advances this vision, welcoming global leaders like Allegro to Hyderabad as strategic partners in this transformative journey,” said Sridhar Babu.
The Hyderabad R&D facility, already employing nearly 100 professionals, has ambitious expansion plans, with the workforce set to increase to 500. This facility will play a crucial role in Allegro’s global innovation strategy, providing critical support to the company’s focus on advancing battery management, EV powertrain technology, future mobility, and autonomous vehicle solutions.
Vineet Nargolwala, CEO of Allegro MicroSystems, highlighted the importance of Hyderabad’s technology ecosystem, citing its exceptional talent pool, supportive government policies, and strategic location. “We are thrilled to be part of Telangana’s vibrant technology ecosystem and contribute to India’s semiconductor ambitions. Hyderabad’s talent, policies, and location make it an ideal hub for Allegro’s expansion,” he said.
Allegro MicroSystems serves as a critical supplier totop automotive brands, including BMW, and several leading EV manufacturers. With India prioritizing EV adoption and advancing domestic semiconductor capabilities, Allegro’s expertise is expected to play a significant role in helping Telangana strengthen its technological infrastructure, supporting the growth of the EV manufacturing sector across India.
