Tata is planning to invest INR 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.
On Friday, the state-level single-window clearance committee (SLSWCC), headed by industries and infrastructure development minister MB Patil, cleared 91 industrial investment proposals worth INR 7,660 crore, with the potential to generate 18,146 jobs.
Maruti Suzuki India, South West Mining, Tata Semiconductor, Krypton (India) Solutions, and Aequs Consumer are among the major firms from which investment proposals have been approved by the government to further the cause of industrial development in the state.
Major investment proposals approved during SLSWCC’s meeting included setting up of Pratibha Patil Sugar Industries in Vijayapura district with an investment of INR 490 crore and establishment of Aequs Consumer Unit 3 in Dharwad with an outlay of INR 456 crore.
Tata Semiconductor Assembly and Test Private Limited will be coming to Kolar with an investment of INR 200 crore and offering 155 new jobs; Maruti Suzuki India Ltd has set its sights on Nelamangala in Bengaluru Rural district with an investment of INR 138 crore; South West Mining Limited will have a set-up at Musinayakanahalli and Torangallu in Sandur taluk of Ballari district with an investment of INR 411 crore, offering jobs to 65 people, to name a few. The government has also approved 26 projects involving more than INR 50 crore of investment and with the potential to create 13,742 jobs.
Of the total 91 proposals shown the green light, 57 are valued between INR 15 crore and INR 50 crore, promising a job potential of 4,404.
