Silectric Semiconductor, backed by Zoho, has announced a ₹3,425 crore investment in Karnataka, strengthening the state’s growing semiconductor design and manufacturing ecosystem. Karnataka was the first Indian state to introduce a dedicated semiconductor policy back in 2010, and today hosts more than 100 fabless chip design houses along with over 400 multinational R&D centres.
The investment comes at a time of accelerating interest in India’s semiconductor sector, with the state accounting for a significant share of the country’s electronics product design workforce.
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