Semiconductor Major Marvell To Invest $250 Mn in India, Double Headcount

US-based tech major Marvell Technology, which develops and produces semiconductors and related tech, announced its plans to invest $250 Mn in India over the next three years to expand its data infrastructure and AI chip development capabilities. The Nasdaq-listed firm plans to double its India workforce during this period, while also expanding its presence in Hyderabad, and opening a new wing at its primary office in Bengaluru. With this, Marvell said it will strengthen its global innovation net