March 26, 2025 /SemiMedia/ — Infineon Technologies plans to set up a global capability center (GCC) in Gujarat International Finance Tec-City (GIFT City) to enhance its semiconductor R&D, chip design, product software, IT, and supply chain management capabilities.

According to The Hindu BusinessLine, Infineon CEO Jochen Hanebeck stated that India is a key strategic market for the company, with significant growth potential. Infineon aims to achieve annual revenues of €1 billion in India by 2030.

Infineon India Managing Director Vinay Shenoy added that the center will be crucial in supporting the company’s global R&D and digitization initiatives. The GCC is expected to employ 400 engineers, focusing on semiconductor solutions for automotive, power management, and security applications.

Currently, Infineon operates in Bengaluru, Noida, Pune, and Vadodara. The establishment of this GCC aligns with India's push to attract global semiconductor firms to invest in the country.