Mysuru: In a significant development, a semiconductor chip manufacturing unit will soon be established at Kadakola, Mysuru. This announcement was made by Ashok, the CEO of the Hassan Mega Food Park, at a press conference at the Pathrakartara Bhavan yesterday. Ashok revealed that Mysuru had initially missed out on the semiconductor project. However, after negotiations…
To invest in a Rs. 2,800-crore semiconductor plant; to generate direct employment for over 2,000 people Mysore/Mysuru: Mysuru-based Kaynes Technology has entered into an agreement with the Telangana Government to establish a semiconductor plant in that State with an investment of Rs. 2,800 crore. “The company has signed a Memorandum of Understanding (MoU) with the…
Mysore/Mysuru: Following social media reports of Kaynes Technology moving out of Karnataka to set up a semiconductor plant in Telangana with an investment of Rs. 2,800 crore instead of setting up the Rs. 3,750-crore semiconductor manufacturing facilities at Kochanahalli near Nanjangud, Mysuru, the company has clarified that it will not move out of Karnataka. Speaking…
Israel-based ISMC Analog Fab Private Ltd. had plans to set up Rs. 22,900 crore plant at Kadakola By Bapu Lingaraj Urs In a significant setback to industrial development in Mysuru district, India’s inaugural mega semiconductor plant, intended to be established on a 234-acre land within the Kadakola Industrial Area, Nanjangud, at an estimated cost of…
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