By BS Reporter
Hyderabad-headquartered Microsemi India, part of Microsemi Corporation, a Nasdaq-listed semiconductor technology provider, is betting big on the space and defence sector in India.
“More than half of our revenue in India comes from the space and defence sector, and going forward, we are exploring opportunities in other sectors to expand our operation in the country,” Esam Elashmawi, vice-president (product development) Microsemi Corporation, said.
The company has deployed its technology in various satellite programmes including INSAT, Indian Regional Navigation Satellite System and a variety of remote sensing (agriculture/ weather) communications. It also works for the Indian Space Research Organisations centres.
“The Indian Air Force is set to buy 126 medium multi role combat aircrafts worth of $ 11 billion by 2020. The Navy is investing in a coastal surveillance system while the Army is also considering several strategic programmes including a tactical communication system,” Ponnala Lakshmaiah, state minister for IT and Communications, said.
Microsemi, which started its India operation in September 2009, works with various government agencies. It employs 110 people in India.