semiconductor mission
The country’s first semiconductor plant is to be established in Mysuru with an investment of ₹22,900 crore ($3 billion). The project is expected to be a gamechanger for the region’s growth and give a fillip to connectivity, which is expected to attract more investment.
Israeli firm ISMC Analog Fab Pvt. Ltd. has signed an MoU with the Government of Karnataka for the project. The firm has sought 150 acres of land at Koochanahalli near Thandya on the Mysuru-Nanjangud road.