Investment12 Sept 2025, 08:01 pm
ASM Technologies to Invest Rs. 250 Crores in Tamil Nadu for ESDM Design-Led Manufacturing Capacity Expansion
AI Summary
ASM Technologies Limited, a leading player in Design-Led Manufacturing for the semiconductor and automotive industries, has signed an MoU with the Government of Tamil Nadu. The company plans to invest Rs. 250 crores to expand its ESDM related Design-Led Manufacturing and precision engineering capacity. The investment will be used to acquire 5 acres of land from the Government of Tamil Nadu to set up a state-of-the-art design facility in the state's growing technology manufacturing ecosystem. This expansion is expected to provide a strategic advantage and long-term benefits for ASM Technologies.
Key Highlights
- ASM Technologies to invest Rs. 250 crores in Tamil Nadu for ESDM Design-Led Manufacturing capacity expansion.
- The company will acquire 5 acres of land from the Government of Tamil Nadu for a state-of-the-art design facility.
- This expansion is expected to strengthen ASM Technologies' expertise in precision engineering for electronics, solar industries, and semi.
- The new facility will serve as a core centre of excellence for ASM's clients across key industry verticals.
- This investment aligns with the Government of India’s ‘Make in India’ initiative.