Global group to invest $3bn in Mysuru chip plant

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Global group to invest $3bn in Mysuru chip plant
ndia's ambition to have a semiconductor fab has moved a little closer to fruition. International semiconductor consortium ISMC Analog Fab signed an MoU with the Karnataka government on Sunday to invest $3 billion (Rs 22,900 crore) on a 65nm analog semiconductor fabrication plant in Mysuru.