Transforming Financial Services in IFSC

OVERVIEW

• Infineon Technologies, a Germany-based semiconductor manufacturer, has expanded its presence in India by setting up a Global Capability Centre (GCC) at GIFT City, Gujarat.
• This milestone marks Gift city’s first GCC, reinforcing its status as a growing tech hub, inaugurated by CM Bhupendra Patel and Infineon CEO Jochen Hanebeck.
• With 400 engineers, the GCC will drive semiconductor(design-to-manufacturing)-hub innovation, R&D, and India’s tech growth.

Infineon’s Vision & Growth in India

• Infineon Technologies has a strong presence in India with operations in Bengaluru, Noida, Pune, and Vadodara.
• With the launch of its new GCC at GIFT City, the company aims to further strengthen its global R&D capabilities, driving cutting-edge semiconductor (design-to-manufacturing) solutions for mobility, energy efficiency, and security.
• The new centre will drive digitization and innovation, strengthening Infineon’s role in India’s semiconductor(design-to-manufacturing)-hub growth.

R&D & Future Roadmap

• Infineon’s GCC at GIFT City will focus on key areas such as semiconductor chip design, product software development, supply chain management, and IT & systems engineering.
• These capabilities will enhance the company’s global R&D efforts and drive technological advancements.
• With a strong commitment to growth, Infineon has set an ambitious revenue target of €1 billion in India by 2030, reinforcing its long-term vision for innovation and expansion in the country.

conclusion

• Gujarat’s GCC policy, announced on February 11, 2025, aims to establish 250 new GCCs, attract ₹10,000 crore in investments, and create over 50,000 jobs.
• Infineon’s new GCC at GIFT City marks a key milestone in this vision, further strengthening Gujarat’s position as a global tech and semiconductor hub.
• This move further establishes GIFT City as a key destination for global tech investments, contributing to job creation and technological advancements in the region.