Applied Materials plans Rs 3,600 crore investment in Karnataka: MB Patil

Economic Times - Sep 15, 2026

Applied Materials will invest Rs 3,600 crore in Karnataka over the next decade. The company signed an MoU with the Karnataka government for this significant project. This investment will focus on research, manufacturing, and software development for chip production. The initiative is expected to create approximately one thousand new employment opportunities. This marks the first industrial project at Bengaluru Signature Business Park.

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