Munich-based semiconductor manufacturer Infineon Technologies plans to hire 250 professionals in India in the next 18 months, a senior company executive said on Tuesday.
Infineon currently has an employee base of 550 and proposes to scale it up to 800 in the next one-and-half-years, its senior vice-president and head of the corporate software group, and managing director of Infineon Technologies India Private Limited, S Surya, told reporters in Mumbai.
The company has already invested $150 million in Indian operations, he said.
He said that 70 per cent of the company's employees in the country were from the software side, and the remaining 30 per cent were from hardware.
Infineon offers semiconductor and system solutions for automotive, industrial and multi-market sectors, for applications in communication, as well as memory products.
In fiscal year 2004 (ending September), the company achieved sales of Euro 7.19 billion with about 35,600 employees worldwide.
Core activities of Infineon's Bangalore centre are software development, hardware design, sales and marketing, and domain areas are wireline and wireless communications and automotive.