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Karnataka Expects Rs 15,000 Crore Semiconductor Investments, 2,000 Jobs
Karnataka says it may receive more than Rs 15,000 crore from semiconductor companies.
These companies make equipment and materials used to build computer chips.
Minister M B Patil discussed investment opportunities with more than 20 companies at a conference.
Lam Research plans to invest Rs 9,298 crore in a new facility near Doddaballapura.
That facility is expected to create more than 1,000 direct jobs.
Applied Materials plans to invest Rs 3,600 crore in Bengaluru over the next 10 years.
Its project is also expected to create more than 1,000 jobs.
The state says these projects could help suppliers, engineers, researchers and semiconductor workers.
Patil also invited several other companies to manufacture in Karnataka.
Minister M B Patil said discussions with more than 20 companies could bring over Rs 15,000 crore in investment to Karnataka.
Lam Research announced a Rs 9,298 crore investment, with land allotted for a 73-acre facility in Doddaballapura taluk.
Applied Materials plans to invest Rs 3,600 crore in Karnataka over 10 years and has been allotted 140 acres at Bengaluru Signature Business Park.
The two projects are expected to create more than 2,000 high-quality and direct jobs combined.
Patil also urged Nexperia, Tokyo Electron, Fujifilm, Syrma SGS, AT&S, CG Semi and Ericsson to begin manufacturing in the state.
- Who
- Karnataka Industries Minister M B Patil, Lam Research, Applied Materials and other semiconductor companies.
- What
- Karnataka reported potential semiconductor-sector investments exceeding Rs 15,000 crore and more than 2,000 expected jobs.
- Where
- The conference was held in New Delhi, while the proposed facilities are in Doddaballapura taluk and Bengaluru, Karnataka.
- When
- The announcement was made on Saturday after the two-day SEMICON India 2026 conference; the projects are planned over the coming years.
- Why
- The state aims to expand semiconductor materials, component manufacturing, equipment production, chip design, research and development, and create jobs.
Key facts
- Potential investment
- More than Rs 15,000 crore in Karnataka
- Expected employment
- Over 2,000 jobs
- Lam Research investment
- Rs 9,298 crore
- Lam Research site
- 73 acres in Adinarayanahosahalli industrial area, Doddaballapura taluk
- Applied Materials investment
- Rs 3,600 crore over 10 years
- Applied Materials site
- 140 acres at Bengaluru Signature Business Park
- Applied Materials India plan
- USD 5 billion investment in India by 2035
Quotes
M B Patil
Karnataka Industries Minister
“The project will also mark the beginning of advanced semiconductor materials and component manufacturing in the State. The foundation stone for the facility will be laid shortly, and it is expected to commence operations within one-and-a-half years”
thehansindia.com
“These two projects will significantly transform Karnataka’s semiconductor supply chain, chip design and semiconductor equipment manufacturing, precision engineering, research and development capabilities”
thehansindia.com
Sources
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