Hyderabad will be growth scale site: Micron India MD
Hyderabad: One of the world’s largest semiconductor manufacturers, Micron Technology has a global manufacturing and R&D network that spans 13 countries. The company that has over 47,000 patents intends to invest over $150 billion globally over the next decade in memory manufacturing and research and development. Anand Ramamoorthy, managing director, Micron India shares with Y […]
Hyderabad: One of the world’s largest semiconductor manufacturers, Micron Technology has a global manufacturing and R&D network that spans 13 countries. The company that has over 47,000 patents intends to invest over $150 billion globally over the next decade in memory manufacturing and research and development. Anand Ramamoorthy, managing director, Micron India shares with Y V Phani Raj the future roadmap for Hyderabad, India as well as the global semiconductor markets. Excerpts-
Global investment
Micron’s $150 billion investment over the next 10 years will help expand the company’s manufacturing and R&D. The initiative will improve capex footprint, manufacturing base and the market share in all the markets the company operates and serves. This investment will be across geographies with significant emphasis on the US, Asia, and other focus regions. The focus will be on new technologies such as extreme ultraviolet (EUV) as well as existing technologies.
India operations
In India, the company is going to be one of the fastest growing semiconductor operations in terms of skill sets and headcount, as Micron will have a 3,000-people workforce by the end of this calendar year. We have added over 1,200 people who are engineers and talented professionals to the workforce this calendar year. We are also one of the very few multinational semiconductor companies, which have capabilities to do NAND and DRAM memory design out of India. That is the capability companies would take a decade to achieve but we have achieved within a short time.
Hyderabad expansion
We continue to be on track to reach the 5,000-employee mark in the next two years in India. We are getting ready to move (in a phased manner) to a new office campus in Gachibowli, a 1.1 million sq ft space, which will be ready by second half of the next year, which can accommodate 5,000 people. Hyderabad will be our growth scale site. We are going to add competencies in memory design functions, data science and engineering aimed towards smart manufacturing, and strengthen IT teams to support critical infrastructure. We have 14 plus centres of scale and excellence in India and this number will go over 20 by the end of fiscal 2022. The India team is playing a material role in Micron’s global operations.
Global revenues
For the FY21 ended August 2021, Micron clocked global revenues at $27.7 billion, coming on the back of consistent execution and rebound in many markets. The company’s blended portfolio has helped improve both top line and bottom line. The company sees strong business momentum. Interference to the economy due to the pandemic has become lesser.
Automotive scenario
Unlike mobile, automotive is a long lead time vertical and the dependence on electronics has increased over the years. We have done our best to go and match our supply chain working closely with our customers. The indications are that the supply chain scenario has improved towards the end of 2021 and will further improve in 2022.
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