TOKYO -- Japanese chipmaker Renesas Electronics seeks to boost sales in India from less than 5% of the 2022 total to between 10% and 15% by 2030, aiming to meet demand in the fast-growing economy's industrial equipment and tech sectors.
Company eyes collaboration with local tech universities to hire talent
Renesas and other chipmakers are expanding business in India. © Reuters
TOKYO -- Japanese chipmaker Renesas Electronics seeks to boost sales in India from less than 5% of the 2022 total to between 10% and 15% by 2030, aiming to meet demand in the fast-growing economy's industrial equipment and tech sectors.