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PCB design software firm Altium anticipates a fourfold growth in India over the next twelve months, driven by advancements in AI, electric vehicles (EV), and the medical sector. To support this growth, Altium has partnered with leading educational institutions, including IITs in Chennai, Mumbai, and Delhi, PES University in Bengaluru, Chandigarh University, and various NITs as part of their education program.
Altium offers software tools that integrate PCB designers, part suppliers, and manufacturers for the development and manufacturing of electronic products. In February, Japanese semiconductor firm Renesas announced plans to acquire Altium for $6 billion.
According to a company statement, India’s electronics sector is projected to reach $300 billion by 2026. Altium plans to invest in education, pre- and post-sales support, tech support, operations teams, and partnerships in India. Gérard Métrailler, SVP and General Manager of Software at Altium, stated, “Our investment in India is an essential part of our global and industry-wide growth strategy. Altium fully supports the Make in India program. With Bangalore being the center of electronics innovation in India, Altium is excited to expand its investment in electronics product development and the education of India’s next generation of electronics innovators.”
Altium launched its education programs in March 2020 and currently serves over 130,000 students across 130 countries. These programs, including the Altium Educator Center, Student Lab, and Women’s Scholarship Program, aim to create a workforce of industry-ready electronic designers in India. They offer educators and students access to professional Altium software, curriculum, and training at no cost.
Additionally, Altium plans to host its cloud platform, Altium 365, in the region by the second half of 2024, further enhancing its support for the Indian electronics sector. |
