Tata cleared to create chip packaging plant: report
Business news
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By
Peter Clarke
The state of Karnataka in India has approved a proposal from Tata Semiconductor Assembly and Test Pvt. Ltd. to build a chip packaging plant in Kolar, according to Voice & Data.
Tata will make an investment of 2 billion rupees (about US$24 million) and create 155 new jobs, the report said.
Voice & Data referenced as its source the Karnataka industries minister’s office, which reported that one of its committees, the State Level Single Window Clearance Committee (SLSWCC), had approved 91 industrial investment proposals with the potential to create 18,146 jobs within the state. Tata and the sparse details were listed as one of 91 proposals approved.
No timetable was given.
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