City
Epaper

K'taka govt to allot 200 acres for semiconductor sector

By IANS | Updated: December 4, 2021 14:55 IST

Bengaluru, Dec 4 The Karnataka government is willing to give 200 acres of land near Kempegowda International Airport ...

Open in App

Bengaluru, Dec 4 The Karnataka government is willing to give 200 acres of land near Kempegowda International Airport (KIA) to facilitate the growth of semiconductor industries, C.N. Ashwath Narayan, Minister for Electronics, IT/BT, and S&T, said on Saturday.

Speaking in a webinar on "India Opportunities in Semiconductor Packaging - Sectorwise perspective of an OSAT" organised by the Electronic Industries Association of India (ELCINA) he said, the government will also provide required amenities like water, power, etc to the proposed land.

The union government has stood for the growth of the electronic industry by bringing out production-linked incentive schemes. Along with this, the Karnataka government has earmarked Rs 2000 crore as subsidy for a period of 5 years to support the development of industry and this has resulted in a very positive impact, he stated.

"The ecosystem for the flourish of electronics sector is very conducive and the country's consumption per capita with regard to electronic goods is also increasing. This opportunity should be best utilised to build the nation by responding to Atmanirbhar initiatives", Narayan explained.

"All the emerging industries such as robotics, artificial intelligence, medical devices, telemedicine, industry 4.0, consumer electronics, space & defence, etc primarily depend on electronics. Considering this, to facilitate the growth of the industry, the government has come out with the Engineering Research & Development Policy and upgraded ITIs, GTTCs across the state with revamped curriculum in higher education courses," he explained.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: S&tKIAKia corporationKia corp
Open in App

Related Stories

MaharashtraRatnagiri's 'Lalpari' Service Achieves Revenue Target, Boosted by Passenger Programs

MaharashtraST Corporation Cancels Diwali Fare Hike Decision Just 72 Hours After Announcement

NationalKarnataka BJP Files Complaint Against Rahul Gandhi Over His Remarks in United States Over OBC, SC & ST

NationalCongress To Hold Meeting Today To Discuss Strategy on SC’s Decision on Identifying Creamy Layer in SC/STs

MaharashtraMumbai to Konkan: ST Buses in High Demand Ahead of Ganpati Festival; 2,031 Buses Reserved

Politics Realted Stories

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill

NationalParliament Passes Waqf Amendment Bill: Two JDU Leaders Resign Over Party's Support