28 November Monday

Semi-conductor Park Coming; Kerala To Become Electronic Hub; 4000 People To Gain Employment

Web Desk(TvmUpdated: Thursday Sep 22, 2022

Thiruvananthapuram : Semi-conductor park and ancillary units will be set up, transforming Kerala into electronic hub of the south. The first phase will see installation of industry ecosystem infrastructure that includes semiconductor circuit designers, semiconductor assembly and testing facility and  printed circuit board unit. A detailed layout of factories shall be prepared in 10 weeks time. The park will create direct take in  1000 people and indirectly employ another 3000. The Park units are being setup at Rayons land in Kochi’s Perumbavoor and at Defence Park in Palakkad.

Technology majors from Japan and Taiwan will partner the project that will come at a cost of Rs 1000 crores. Further decisions will come following detailed project report. The cabinet-level meeting presided by Industries Minister P. Rajeev, discussed the feasibility report prepared by KELTRON, C-Tech, VSSC, Electronic and Semi Conductor Association(ESA). Entrepreneurs and business owners shall be presented with opportunity to set up ancillary units, the minister said.