TEAL to invest Rs 220 crore in semiconductor fab equipment factory expansion

Titan Engineering and Automation Ltd. (TEAL), a subsidiary of Titan, will invest Rs 220 crore over five years to expand manufacturing of semiconductor wafer fabrication equipment at its facilities in Hosur, Tamil Nadu. The company expects production capacity to increase by 10 times.

“We have invested Rs 30-40 crore already in setting up processing lines and a 1,000-class cleaning room.”cablecommunity.com

• 1 source
• cablecommunity.comTitan’s Subsidiary, TEAL to Invest in Semiconductor Fab Equipment Factory – CableCommunity.comDec 14, 2023

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