By S.G. Vombatkere Karnataka’s State High-level Clearance Committee cleared establishment of Karnataka’s first semiconductor project (fab unit) at a cost of Rs.3.4K crore, in a 234-acre electronics manufacturing cluster near Mysuru. [Ref.1] It is reportedly based upon investment by Zoho-backed Silectric Semiconductor Manufacturing Pvt. Ltd. The fab unit is thus a government-investor joint venture. Centre…