ISMC to invest Rs 22,900 cr in Karnataka on semiconductor fabrication plant

ISMC has sought 150 acres in Mysuru's Kochanahalli Industrial area. This will be one of India's first and largest semiconductor fabrication units under Centre's Semiconductor Mission

International semiconductor consortium ISMC will invest $3 billion (Rs 22,900 crore) in Karnataka state to set up a chip-making plant, the state government said on Sunday. The investment is for a 65 nm Analog Semiconductor Fabrication plant.

The ISMC has requested 150 acres of land in Mysuru’s Kochanahalli Industrial area. This will be one of India’s first and largest semiconductor fabrication units under the Central Government’s Indian Semiconductor Mission upon project approval by the Government of India. The project is expected to generate more than 1500 direct and 10,000 indirect employment opportunities and ancillary semiconductor ecosystem industry development in the