Semiconductor fabrication lab in Bangalore | AFP
Thiruvananthapuram: To make Kerala a hub for electronic component manufacturing, the government has decided to launch semiconductor parks and other related production units in the state. A cabinet meeting chaired by Industries minister P Rajeeve studied a feasibility report prepared by Keltron, C-DAC, VSSC, and Electronic and Semiconductor Association on Wednesday.
A meeting agreed on setting up a framework for launching factories for manufacturing semiconductor devices and multi-level printing circuit boards. It is estimated that the project will need around Rs 1000 crore investment to set up factories and start production.
The project aims to make Kerala self-sufficient in the production of electronic components by setting up a semiconductor assembly and testing facility, a printed circuit board production facility and a semiconductor design and training ecosystem in the first phase.
The first units will be launched in Kochi and Palakkad. The framework for setting up the factories will be ready within ten weeks. The government aims to create around 4000 jobs through the project.
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