Karnataka govt signs MoU for Rs 510 cr investment in ESDM manufacturing

Bengaluru: The Karnataka government signed a Memorandum of Understanding with ASM Technologies Limited, a design-led manufacturing company in the semiconductor and automotive industries for an investment of Rs 510 crore in the state at ‘Invest Karnataka 2025’ on Wednesday. The city-based ASM Technologies will expand its Electronic System Design and Manufacturing (ESDM) capacity, according to a company press release.