Altium expects quantum growth in India, invests in electronics development

PCB design software firm Altium expects four times growth in India over the next twelve months, driven by key areas such as AI, electric vehicles (EV), and the medical sector. The company has also partnered up with leading institutes including IIT (Chennai, Mumbai, and Delhi), PES University (Bengaluru), Chandigarh University, and NIT as a part of their education program.

Altium provides software tools that connect PCB designers, part suppliers, and manufacturers to develop and manufacture electronic products. In February, Japanese semiconductor firm Renesas also announced its plans to acquire Altium for US$6 billion.