Tata to invest INR 200 Cr to set up semiconductor unit in Karnataka

Rutuja Kedare Sep 18, 2023 0

Tata Group plans to invest INR 200 Crore and create 155 new jobs by establishing a semiconductor testing and packing unit in Narasapura, Kolar district, approximately 65 km from Bengaluru. 

With Tata Group taking over Wistron’s iPhone manufacturing unit in Kolar, they are likely to establish an Assembly, Testing, Marking, and Packaging (ATMP) plant in Kolar. ATMP plays a vital role in the semiconductor industry’s ecosystem as it processes wafers into individual chips, packages them, and conducts testing to prepare them for use in electronic devices.

The State Level Single Window Clearance Committee (SLSWCC) has granted approval to a total of 91 industrial investment proposals worth INR 7,659.52 crore, with the potential to generate 18,146 jobs within the state. 

Also Read: Karnataka govt approves 91 investment projects worth INR 7,660 Crore

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