Friday, May 8, 2026

India's Karnataka state changes land policy to lock in major US investment

Intro:

The South Indian state of Karnataka has changed its industrial land policy to lock in a major American semiconductor investment worth about 430 million US dollars.
 
The government has approved 140 acres near the city’s international airport for US chip equipment giant Applied Materials to set up a research, development, and ecosystem hub.

Ishan Garg reports from New Delhi.

IN: The Karnataka government...
OUT: SOC
Duration: 41 sec