Reported 2 days ago
NXP Semiconductors expects to generate 8% to 10% of its revenue from India within the next three to five years, according to a senior executive. The growing automotive and industrial sectors in India are seen as key drivers for the company's sales in the region. NXP plans to invest over $1 billion in India, aligning with the country’s efforts to expand its semiconductor market, projected to reach $63 billion by 2026.
Source: YAHOO