<ul><li>The Karnataka government has approved Zoho-backed Silectric's proposal to set up a semiconductor manufacturing unit in the state.</li><li>The plant will be located at the Kochanahalli electronics manufacturing cluster near Mysuru and is expected to create 460 jobs.</li><li>Silectric plans to build a silicon carbide-based fabrication and assembly, testing, marking and packaging unit.</li><li>The company aims to manufacture products such as ingots, wafers, MOSFETs, and modules at the new unit.</li></ul>

K’taka Approves Zoho-Backed Silectric’s INR 3,426 Cr Semiconductor Plant

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