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Today Date : Wednesday, February 21, 2024

embedUR zoomed in Chennai to invest INR 500 crores

embedUR zoomed in Chennai to invest INR 500 crores

embedUR systems, the leading player in the embedded systems industryhas unveiled its plans to ramp-up its presence in India. The US headquartered organisation, with presence in Chennai has committed to invest INR 500 crores over the course of next 5 years. 

Through this strategic investment in India, embedUR plans to support organizations across industries and help them bring cost-effective solutions to their customers. In addition, the company will also focus on serving the growing Asian markets from India. 

As the first phase, embedUR will invest INR 100 crores in 2024 towards strengthening its expertise in new technologies such as AI, Edge Computing, developing the infrastructure, accelerating innovation, expanding market outreach and increasing head count with Chennai as the focal point. 

Commenting on the organization’s India focus, Mr. Rajesh C Subramaniam, Founder & CEO, said, “With the evolution of new technologies such as Cloud/AI and increasing affordability of electronic components, we foresee an unprecedented demand for embedded technologies across industries”. “This investment will further strengthen our capabilities, allowing us to harness India’s incredible engineering talent pool to fuel innovation and future growth”, he further added.

Over the last few years, embedUR has made notable progress in onboarding Indian talent in product engineering and development. Today, the 350 plus strong team at embedUR focuses on research and development and building turn-key embedded technology products and solutions to address complex connectivity needs of embedUR’sglobal clientele.