Mr. K.T. Rama Rao, the Information Technology and Urban Development Minister of Telangana, announced investment by Allegro Microsystem, a global company in Telangana.
On the 7th of July, Friday, Mr. K.T. Rama Rao took to Twitter and said, “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 establish its presence in Hyderabad The Hyderabad center will 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) This strategic move will entail the recruitment of 500 highly skilled professionals, whose expertise will be dedicated to engineering, innovation, and the development of state-of-the-art Integrated Circuits My heartfelt gratitude to Mr. Suman Narayan, Director of Allegro Microsystems India,
@suman_narayan and his team for choosing Hyderabad as their destination.
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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.
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
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