Archive · 20 Sep 2026

Karnataka Expects Rs 15,000 Crore Semiconductor Investments, 2,000 Jobs

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.

Sources