Semiconductor giant Global Foundries keen to expand aerospace & defence presence in Karnataka

Semiconductor elephantine Global Foundries keen to grow aerospace & defence beingness successful Karnataka

US semiconductor elephantine Global Foundries is funny successful establishing and expanding its Aerospace and Defence (A&D) beingness successful Karnataka, and plans to make a broad concern strategy. The $30 cardinal institution is besides funny successful expanding its workforce successful Bengaluru with an summation of 200 skilled workers. The developments travel Global Foundries meetings with the Karnataka concern delegation that is presently visiting assorted states successful the United States of America to pull investments into the state.

The Minister for Large and Medium Industries & Infrastructure, Government of Karnataka M. B. Patil has been joined by Dr S Selvakumar, Principal Secretary to the Government, Department of Commerce and Industries, and Gunjan Krishna, Commissioner for Industrial Development and Director of Industries and Commerce, Government of Karnataka successful the Karnataka Business Delegation.

While Global Foundries has expressed interest, Texas-based Dell is besides considering a caller concern successful its probe and improvement (R&D) centre successful Bengaluru. The $50 cardinal institution already has a salient probe and improvement centre successful Bengaluru.

Dell squad comprising Michael Dundas of Global Manufacturing Operations and Technology, Alan Richey, Senior Vice President, Legal and Tabrez Ahmad – Director, Asia Pacific and Japan, Govt Affairs and Public Policy held meetings with Minister M. B. Patil.

Dell has sought enactment from the Karnataka authorities to flooded import restrictions connected Special Economic Zone (SEZ) operations, which would heighten outgo sustainability for Dell's enlargement successful India. Dell besides enactment distant its requirements with respect to ESDM ecosystem players and suppliers successful the state. At the planetary level, Dell operates astir 25 manufacturing facilities with 14 of these facilities dedicated to R&D. Dell has applied nether the Production Linked Incentive 2.0 for IT hardware arsenic well.

The delegation headed by M.B. Patil besides attended a Business Roundtable hosted by the US-India Chamber of Commerce and AKKA and organized jointly by TiE Austin, and the Austin Chamber of Commerce. The roundtable saw an attendance of astir 60 entrepreneurs including elder VPs, and CEOs.

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