The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.
February - 2006 - issue > Tech Buzz
Tech Buzz
ST Team
Newport Beach, California, U.S. based IT company Conexant Systems Inc, a maker of chips for broadband devices will invest $250 million in India over the next five years for expansion to make its India center as its design base.
The phased investments will cover payroll, capital equipment, and research and development facilities. Dwight Decker, Conexant chairman said. “Our product development operations in India are a focal point to leverage lower-cost offshore resources. This strategic move will enhance productivity and help to develop an ongoing source of competitive advantage.”
In India, Conexant has R&D centers in Hyderabad, Pune, Bangalore and Noida and in less than two years, the company has grown to about 775 people, and will hike its employee strength to 1,200 people by the end of 2006 and to 2,000 in next couple of years.
Robert Bosch to set up new facility in India
Privately owned German industrial group Robert Bosch has announced plans to build a second center in India.
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