Karnataka to have India’s Largest Semiconductor Fabrication Unit

• 03 May 2022

The Govt. of Karnataka has signed a memorandum of understanding (MoU) with Israel-based ISMC Analog Fab Private Ltd for setting up the country’s first semiconductor fab plant with an investment of around Rs 22,900 crore ($3 billion).

• The company is set to fully implement the project over the next 7 years with employment potential for 1,500 people.
• This will be India’s first and largest semiconductor fabrication unit under the Centre’s Indian Semiconduction Mission.