Scouting land in Greater Noida, NXP Semiconductors kickstarts its $1 billion India push—targeting AI, automotive R&D, and doubling its engineering workforce.
Dutch chipmaker NXP Semiconductors has taken its first concrete step in a planned $1 billion investment in India by seeking land for a new research and development (R&D) hub in Greater Noida.
According to Money Control, the company executives are in talks with officials from the Yamuna Expressway Industrial Development Authority (YEIDA) to acquire land in Sector 10 of the region’s Semiconductor Park. The facility is expected to support R&D, system innovation, and lab infrastructure.
This move follows NXP CEO Kurt Sievers’s meeting with the Uttar Pradesh Chief Minister during the Semicon India 2024 summit. Discussions resumed in October, reinforcing the company’s plans to expand in India.
Government officials said NXP’s decision was encouraged by proactive engagement from the state and central governments during the event. However, the company has not officially responded to media queries.
At Semicon 2024, Sievers outlined NXP’s commitment to India, announcing a five-year plan to strengthen its R&D base. The investment includes a focus on advanced technologies such as its latest 5-nanometre automotive chip.
NXP plans to double its India workforce to over 6000, with design engineers continuing to be central to its operations. The company expects India to contribute 8–10 per cent of global revenue in the next few years.
With four design centres already active in the country, NXP is aligning its India operations with global priorities in artificial intelligence and automotive technologies.
Greater Noida is emerging as a key hub, with HCL and Foxconn investing ₹37 billion in the region’s first semiconductor fabrication unit. Meanwhile, India’s semiconductor mission is progressing, with six units approved and five under construction in Gujarat and Assam, including significant projects by Tata Group, Micron, and Kaynes Technologies.