McLaren Strategic Ventures to hire 100 ASIC engineers, launches ASIC design vertical

MSV is all set to invest heavily in India and hopes to establish a business of $300 million in five years

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Having launched Atlas Silicon — the artificial intelligence (AI) first customised chip-design venture that is set to revolutionise the global semiconductor industry— McLaren Strategic Ventures (MSV) is gearing up to hire 100 application specific integrated circuit (ASIC) engineers in India. It is already on the lookout for freshers from top Indian technology institutions.

Sajan Pillai, chairman, McLaren Strategic Ventures, appreciates “the National Semiconductor Policy and the favourable approach from the Government of India”, which he is confident “will help deepen India’s manufacturing base and create immense opportunities in the segment”.

Atlas Silicon will benefit ASIC talent across the country as MSV plans to “onboard and train young ASIC engineers under industry experts to ensure unmatched services,” says Pillai.

To take forward the India growth plans, MSV has revealed its intention to invest heavily in India in this segment, with the objective of establishing a business of $300 million by 2025.

The comprehensive ecosystem of Atlas Silicon will create digital synergies to bring concept, design, IP and production together under one umbrella. The entity will offer specialised capabilities in chip design and will work with the global organisations in various domains.

It is expected that the global market size for the microchip industry will reach $24.7 billion over the next five years, as the demand for customised microchips is growing across various segments.

The investment wing of MSV has already invested in various tech segments in India.

“We are also looking at investing into promising startups as well as mid-sized companies in the space, especially in India and other South Asian countries. We encourage such entities to reach out to us to explore options,’ reveals Pillai who is committed to providing work opportunities “with the world’s best in the domain — both in technology and skillset”.

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