: Microchip to invest $300 million to expand in India, joining rival chipmakers

<p>Microchip Technology Inc. MCHP said Monday it will invest $300 million over multiple years to expand its presence in India. The company already has about 2,500 employees in India and will now upgrade its Bangalore and Chennai facilities and the new R&D center in Hyderabad. It expects to expand its engineering labs, accelerate hiring and […]</p>
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