Delighted to welcome Allegro Microsystems, a global leader in semiconductors, renowned for their cutting-edge sensor and power solutions. With an expansive customer base exceeding 10,000 worldwide and annual revenues surpassing a Billion USD, Allegro Microsystems has chosen to… pic.twitter.com/o8v2aamr7G
— KTR (@KTRBRS) July 7, 2023
With this investment, the K. Chandrashekar Rao led Bharat Rashtra Samithi (BRS) bagged another major investment for the Telugu State. The company, Allegro Microsystems would establish its center in Hyderabad, which would be focusing on the exciting domains of e-Mobility (Electric Vehicles and Advanced Driver Assistance Systems) and will work closely with the Telangana Mobility Valley (TMV.)
The new establishment would also enhance development in the State and would provide employment to the eligible youths in the State.