Meet Matt Murphy, the CEO behind Marvell’s Rs 2,400 crore semiconductor investment in India

Marvell Technology announced on Wednesday a $250 million (approximately Rs 2,400 crore) investment plan in India over the next three years. The US-based semiconductor firm intends to double its workforce in India and enhance the country’s role in developing chips for artificial intelligence (AI) and cloud infrastructure.

This investment will target advancements in technology, talent acquisition, and physical infrastructure. Marvell plans to add a new section to its Bengaluru office and expand its footprint in Hyderabad.

Marking its 20th anniversary in India, Marvell began operations in Bengaluru in 2006. Since then, India has grown to become the company’s second-largest global research and development (R&D) hub.

Marvell’s Engineering and Expansion Plans in India

The company’s engineering teams located in Bengaluru, Pune, and Hyderabad will focus on advanced semiconductor process technologies, including 2-nanometer and more advanced nodes, high-speed analog intellectual property, software, firmware, subsystem design, and complete silicon development.

Marvell stated that the expansion will support the design and development of semiconductor solutions used in AI systems, cloud computing, and data infrastructure. It also aims to strengthen partnerships with Indian universities, startups, industry bodies, and government organizations.

While Marvell has not disclosed the current number of employees in India, it expects to double its workforce in the country within three years. Navin Bishnoi, Vice President and India Country Manager at Marvell, described India as a “strategic hub of engineering excellence” for the company.

Bishnoi emphasized India’s critical role in developing infrastructure technologies used by major hyperscalers and cloud service providers. As Marvell marks two decades in India, the company remains committed to expanding R&D investments, enhancing the semiconductor ecosystem, and nurturing technology talent.

Leadership Driving Marvell’s India Strategy

Leading this expansion locally is Bishnoi, but the larger strategic vision behind Marvell’s India commitment is driven by Chairman and CEO Matt Murphy.

Murphy, who joined Marvell as president and CEO in July 2016 and became chairman later, led the company through significant organizational and strategic changes. He shifted Marvell’s focus from primarily storage and consumer-facing semiconductor products to data centers, cloud networks, telecom infrastructure, and customized chips.

Under his leadership, Marvell transformed into a data infrastructure semiconductor company by combining internal product development with significant acquisitions, while divesting non-core business units. This strategy aligns with the increasing importance of generative AI, which requires powerful processors and high-speed technologies for moving data across chips, servers, and data centers.

Matt Murphy’s Professional Background

Before Marvell, Murphy spent over 20 years at Maxim Integrated, holding various engineering, sales, and business leadership roles, culminating as Executive Vice President of business units, sales, and marketing. His experience blending technical expertise with commercial leadership has been vital in refocusing Marvell.

Murphy holds a bachelor’s degree from Franklin & Marshall College and completed the Stanford Executive Program. He has served on the boards of eBay and several semiconductor industry organizations.

Strategic Acquisitions Under Murphy’s Leadership

Notably, Murphy oversaw Marvell’s acquisition of Cavium in 2018, which expanded the company’s networking, server, processor, storage, and telecommunications infrastructure capabilities. He has described the expanding “data economy” as the next semiconductor growth driver.

Following that, in 2021, Marvell acquired Inphi, a company specializing in high-speed data movement and optical connectivity technologies critical for cloud and AI data centers. This acquisition further strengthened Marvell’s position in cloud infrastructure and telecommunications.

Murphy’s approach focuses on creating value through strategic acquisitions aligned with data infrastructure, while exiting non-priority areas. This transformation has positioned Marvell at the forefront of the AI infrastructure surge, with the company reporting record revenue of $8.2 billion in the fiscal year ending January 31, 2026, a 42% increase from the prior year, largely driven by AI and data center demand.

Focus of Marvell’s Investment in India

Marvell’s investment in India emphasizes research and chip design rather than semiconductor fabrication, following a predominantly fabless model where design is internal but manufacturing is outsourced.

Access to skilled engineers is crucial for developing advanced chips, requiring expertise in circuit design, high-speed connectivity, software, verification, and system integration. Marvell noted that its Indian teams already contribute to multiple global technology platforms and hold several patents. It also applies advanced AI tools in India to boost engineering productivity and accelerate product development.

The Rs 2,400 crore investment represents more than just physical expansion; it reflects confidence in India’s potential to play a larger role in Marvell’s global development pipeline, from training semiconductor engineers to creating connectivity technologies necessary for next-generation AI infrastructure.

For CEO Matt Murphy, who has spent the last decade restructuring Marvell around data movement and processing, India is now strategically positioned to contribute significantly to the company’s future growth plans.

Key Takeaways

  • Marvell Technology is investing $250 million (Rs 2,400 crore) in India over three years to expand semiconductor R&D and workforce.
  • The company plans to double its India headcount and expand Bengaluru and Hyderabad facilities.
  • Marvell’s engineering focus includes advanced semiconductor technologies and AI infrastructure solutions.
  • CEO Matt Murphy has driven a strategic shift towards data infrastructure, supported by major acquisitions like Cavium and Inphi.
  • The investment highlights India’s role as a critical engineering hub and partner in Marvell’s global growth.