Karnataka’s semiconductor sector continues to attract fresh capital, with Zoho-backed Silectric Semiconductor committing ₹3,425 crore to the state and global equipment maker Applied Materials weighing a Bengaluru R&D facility that could draw up to $2 billion in investment. Both announcements build on the state’s long-standing position as a hub for chip design talent.
Industry estimates project Karnataka’s semiconductor equipment demand to grow at a compound annual rate of 9.5 percent between 2026 and 2032, underscoring the state’s continued relevance as India’s semiconductor ambitions scale up.
Leave a Reply