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Karnataka Clears 3 Semiconductor Projects Worth ₹23,000 Crore

  • Karnataka approved three semiconductor projects worth ₹23,000 crore to enhance chip manufacturing and innovation.
  • The projects by Applied Materials India, Lam Research, and Bharat Semi Systems will create over 3,500 jobs in Bengaluru and Mysuru.
  • Applied Materials India will establish India's first Innovation Centre for Semiconductor Manufacturing with an investment of ₹4,851 crore.
  • Lam Research and Bharat Semi Systems will invest ₹6,790 crore and ₹2,342 crore, respectively, to develop advanced R&D labs and manufacturing units.

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