menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Zoho-Backe...
source image

VIE Stories

1d

read

123

img
dot

Image Credit: VIE Stories

Zoho-Backed Silectric to Set Up Karnataka’s First Semiconductor Plant with ₹3,425 Cr Investment

  • Zoho-backed Silectric has received approval from the Karnataka government to set up a semiconductor manufacturing facility with an investment of ₹3,425.6 Cr.
  • The facility will be located at the Kochanahalli electronics manufacturing cluster near Mysuru and is expected to create 460 jobs.
  • Silectric aims to develop a silicon carbide-based fabrication facility and build a complete silicon carbide manufacturing value chain.
  • The move aligns with Karnataka's efforts to become a hub for electronics manufacturing and India's growing semiconductor market.

Read Full Article

like

7 Likes

For uninterrupted reading, download the app