The company has already invested USD 450 million in the Indian market to strengthen its R&D capabilities and on driving innovation through investment in tech companies.
"MediaTek employs 500 people in India now, and is expected to triple the number to 1,500 in three years," it said in a statement.
MediaTek had set up its India office in Noida in 2004. In the same year, it invested USD 350 million to expand its business and establish an R&D facility in Bengaluru.
MediaTek has also announced a smartphone design-training programme today aimed at fostering and developing talent for Indian handset industry.
The programme, created in collaboration with the Ministry of Electronics and Information Technology (MeitY), Indian Cellular Association (ICA) and the Ministry of Economic Affairs (MOEA), Taiwan.
Aimed at propelling the 'Make in India' initiative, MediaTek will share its smartphone design expertise and leverage its well-established global ecosystem to support the programme, the statement said.
About 50 professionals with at least five years of experience in research and development in electronics will be selected from key handset makers across the country to be a part of the training programme.
MediaTek will train engineers in R&D competence and design project management.
The company will also coordinate with key component companies to be part of the training module with hands-on instruction.
MediaTek appreciates the effort the Indian Government is making towards building a global manufacturing base for the electronics sector in the country, MediaTek Chairman and CEO Ming-Kai Tsai said.
This programme is also expected to substantially accelerate the government's 'Make in India' and 'Digital India' initiatives, she added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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