| An early entrant to India, Cadence set up its R&D centre at Noida, way back in 1987. Now, with a headcount of close to 1,000, Cadence India accounts for 22 per cent of the company's worldwide R&D strength and 18 per cent of its total staff (5,200). |
| "The Indian R&D centre is the largest outside the US (where 1,200 professionals are employed across multiple locations). The Indian R&D centre handles the entire product portfolio of Cadence starting from EDA tools for designing, to verifying advanced semiconductors for various sectors. We expect the R&D work to increase 15 per cent depending on what the business requires," Cadence Design Systems (India) managing director Jaswinder S Ahuja, told Business Standard. |
| Apart from the US and India, the $1.5 billion company operates R&D centres in Canada, Ireland, Scotland, France, Italy, Israel, China, Taiwan, Japan and Russia. |
| However, these R&D centres with a smaller headcount focus only on particular products unlike India, which is a microcosm of Cadence's entire research and development competency. |
| "Cadence has a 20-year-history in India and the R&D centre has developed individual level of ownership for various products. India is a critical and essential part of our business strategy. It is viewed as the most successful global R&D centre for Cadence. It is now assisting setting up of new R&D centres in other geographies," Ahuja pointed out. |
| Another factor driving Cadence's growth in India is the development of the local electronics industry. India is considered the fastest growing market for Cadence in the Asia Pacific region. |
| "In the last four years, India grew phenomenally. We are catering to almost all of the electronics design firms, including chip designing companies," he said. |
| Apart from the R&D operations, the US-based company manages global customer care centres in Bangalore and Noida. |
Top Section
Explore Business Standard