◂ Announcements

Jan 8, 2024INVESTMENTHosur, Tamil Nadu, India

TEAL to invest $52M in Hosur for wafer tab and automation

Titan Engineering & Automation Limited (TEAL) will invest ₹430 crore ($52 million) in Hosur, India, including ₹200 crore for a wafer tab equipment manufacturing facility and ₹230 crore for automation and manufacturing services. The investment is expected to create 1,400 new jobs.

Value

$52.0M (4.30B INR)

Jobs

1,400

Status

Announced

Productswafer tab equipmentautomation machinesaerospace and defence components

CompaniesTitan Engineering and Automation Titan Group partner

Sectors#Semiconductors and Industrial Electronics #Automation and Robotics #Aerospace Components

“Titan Engineering & Automation Limited (TEAL), a wholly owned subsidiary of Titan Company Limited, will invest 430 crore at Hosur.”timesofindia.indiatimes.com

1 source
timesofindia.indiatimes.comTEAL to invest ₹430 crore in HosurYogesh KabirdossJan 8, 2024

Summarized from public sources; check the original articles before acting on it.

◂ Announcements

TEAL to invest $52M in Hosur for wafer tab and automation

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◂ Announcements

TEAL to invest $52M in Hosur for wafer tab and automation

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