ISMC to invest $3 billion in chip-making plant in Karnataka, India

International Semiconductor Consortium (ISMC), a joint venture between Next Orbit Ventures and Tower Semiconductor, will invest $3 billion to set up a semiconductor fabrication unit in Karnataka, India. The plant is expected to generate over 1,500 direct jobs.

“International semiconductor consortium ISMC will invest $3 billion in India’s southern Karnataka state to set up a chip-making plant”brecorder.com

• 1 source
• brecorder.comChip consortium to set up $3bn plant in India - Business & Finance - Business RecorderReutersMay 2, 2022

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