Tata to invest Rs 200 crore to set up semiconductor unit in Karnataka
BENGALURU: Tata is planning to invest Rs 200 crore and offer 155 new jobs for a semiconductor testing and packing unit at Narasapura in Kolar district, about 70km from here.
With Wistron’s iPhone manufacturing unit in Kolar being taken over by Tata, it is likely to set up an assembly, testing, marking and packaging (ATMP) plant there, according to a state industries department official. ATMP plays a major role in the semiconductor industry’s ecosystem. Once a chip is printed, it must be tested and packaged before it can be shipped to manufacturers. The planned investment by Tata for its semiconductor unit is in sync with the Karnataka government’s initiatives to shore up industrial development in the state.