# ASM Technologies to invest ₹510 crore in ESDM expansion in Karnataka

ASM Technologies signed an MoU with the Government of Karnataka to invest ₹510 crore to expand its ESDM-related Design-Led Manufacturing and precision engineering capacity. The company will acquire 10 acres of land from KIADB to set up a design facility.

- Type: Investment
- Announced: 2025-02-12
- Where: Karnataka, India
- Value: $61.0M (5.10B INR)
- Status: announced
- Products: electronics, semiconductor, precision engineering
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ASM Technologies](https://endata.com/companies/82905.md)
- [Government of Karnataka](https://endata.com/companies/78919.md) (partner)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/news/asm-technologies-signs-mou-with-karnataka-government-to-invest-510-crore-in-esdm-expansion/article69211269.ece), 2025-02-12: "ASM Technologies will invest ₹510 crores to expand its ESDM related Design-Led Manufacturing and precision engineering capacity."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.