
Keysight Establishes Local Manufacturing Facility in India, Targets Global Exports from Chennai
Keysight Technologies Establishes Manufacturing Operations in India
Company Overview
- Keysight Technologies, a leading US-based test and measurement major, has initiated manufacturing operations in India.
- The company will utilize its Chennai facility as a global export hub, catering to rising demand across semiconductors, AI infrastructure, aerospace and defence, and next-generation wireless technologies.
Global Expansion Strategy
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- Keysight aims to leverage India's growing innovation economy, driven by the convergence of innovation, policy support, and scale.
- The company will undertake end-to-end manufacturing, including component sourcing, PCB assembly, calibration, testing, and shipping.
- The Chennai facility will support innovation across multiple high-growth sectors, including semiconductors, quantum technologies, aerospace and defence, and AI infrastructure.
Market Outlook
- India's electronics manufacturing market is expected to exceed $300 billion by 2026, driven by domestic production and advanced R&D initiatives.
- The country's demand for advanced test and measurement technologies is rising across industrial and research sectors.
Investment and Employment
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- Keysight has been present in India since 1989 and employs over 2,000 people in the country, with a significant share in R&D.
- The company's India business has grown at double-digit rates over the past decade, outpacing the broader test and measurement market.
Supply Chain and Partnerships
- Keysight will use the Chennai facility as a global export hub, shipping products to both domestic and international markets.
- The company will deepen collaboration with Indian government agencies, research institutions, and engineering universities as part of its long-term strategy to invest in high-growth technology hubs.
Investor Takeaway
Investors should consider the potential growth opportunities in the Indian market for Keysight Technologies.
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