Socionext America, the US subsidiary of Socionext, will head operations of the new India branch office, which is now open.
Bangalore, known as the Silicon Valley of India, is a major hub for advanced technology and software companies and is home to numerous research and development centres, IT start-ups, gaming companies, and hundreds of engineering colleges offering companies access to a vast talent pool.
The growth of major Indian tech companies over the next decade will increase significantly, according to TechNavio.
“Bangalore is strategically chosen for scaling up our operations,” said Hisato Yoshida, Corporate Executive Vice President and Head of Global Business Development at Socionext. “Due to Socionextʼs remarkable growth over the last several years, we are seeking to expand our R&D resources in order to better serve our customersʼ needs.”
“Having a new office abroad helps us to better understand and operate in scale,” said Rajinder Cheema, Sr. Vice President of Engineering at Socionext America. “Socionextʼs expansion into India opens new opportunities for the companyʼs growth and diversification and access to local markets, workforce talents, and investment opportunities.”