Centre to decide on semiconductor fab by Feb: Karnataka IT minister

The central government is expected to decide by February which company would build, and which state would house, a semiconductor fabrication plant, said Karnataka’s IT minister CN Ashwath Narayan.

He was speaking at a curtain raiser on the Bengaluru Tech Summit (BTS) here on Tuesday.

At the press conference, Narayan referred to how quickly Karnataka had formalised a Memorandum of Understanding with the ISMC consortiumfor a $3 billion fabrication plant in Mysuru.