Mysuru: Chennai-based Silectric Semiconductor Manufacturing Pvt Ltd, established by directors of Zoho, is set to invest Rs. 3,425.60 crore in Karnataka’s first electronics manufacturing cluster at Kochanahalli near Nanjangud, Mysuru. This venture is projected to create 460 jobs and will be set up on a 40-acre site.
The 64th State High-Level Clearance Committee (SHLCC), chaired by Chief Minister Siddaramaiah, recently approved 10 proposals across various industrial sectors worth a total of Rs. 9,823 crore, which are expected to generate 5,605 jobs.
