July 2, 2022 9:28 AM

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IGSS Ventures signs MOU with Tamil Nadu Govt for setting up semiconductor park

<span style="color: #222222;">The prominent global player in semiconductor industry, IGSS Ventures, has signed an agreement with the Tamil Nadu Government for establishing a semiconductor park. It was signed in the presence of chief minister MK Stalin in Chennai yesterday.<br />''<br />''The industrial park will be established in a 300-acre land, with the investment commitment of 25,600 crore rupees in five years. A release from the government says the industrial park has the potential to generate 1500 direct jobs.<br />''<br />''The firm has said it plans to establish semiconductor fabrication unit under the Centre's 'India Semiconductor Mission.'</span><br />

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