Krypton Solutions is planning a $100 million investment in Karnataka
Krypton Solutions is planning to invest $100 million (Rs 832 crore) to establish a Printed Circuit Board (PCB) fabrication facility in Karnataka. The decision to invest was announced during a meeting between the company's representatives and an official delegation led by Karnataka's Minister of Large & Medium Industries, MB Patil, in the United States.
Krypton Solutions intends to set up its new PCB facility in Bommasandra, Bengaluru, and has already engaged in preliminary discussions with the government". During the meeting, the company also explored potential investment opportunities in Mysuru and Chamarajanagara within the state. Furthermore, Krypton expressed interest in forming local partnerships and support in identifying suitable entry and growth partners in the Indian market".
The government delegation had toured Krypton's 40,000 square feet facility. In addition to Krypton Solutions, Texas Instruments, a semiconductor manufacturing company, reaffirmed its commitment to expanding its Research and Development (R&D) activities in the state.
Krypton Solutions intends to set up its new PCB facility in Bommasandra, Bengaluru, and has already engaged in preliminary discussions with the government". During the meeting, the company also explored potential investment opportunities in Mysuru and Chamarajanagara within the state. Furthermore, Krypton expressed interest in forming local partnerships and support in identifying suitable entry and growth partners in the Indian market".
The government delegation had toured Krypton's 40,000 square feet facility. In addition to Krypton Solutions, Texas Instruments, a semiconductor manufacturing company, reaffirmed its commitment to expanding its Research and Development (R&D) activities in the state.