Krypton Solutions likely to invest $100 million in Mysuru, Chamarajanagar

Texas-based Krypton Solutions is likely to invest $100 million (Rs 832 crore) to set up a printed circuit board (PCB) fabrication unit in Karnataka.

Semiconductor manufacturer Texas Instruments has also affirmed its commitment to R&D expansion in the state.

Krypton and Texas Instruments executives discussed their plans during meetings with Karnataka industries minister MB Patil in the US on Monday. Patil, who is accompanied by senior officials, also met ERP Logic executives.


Krypton Solutions has already completed preliminary discussions with the state government on building a PCB facility at Bengaluru’s Bommasandra. During Monday’s meeting, the two sides also explored investment options in Mysuru and Chamarajanagar in Karnataka.

Krypton's interest in local partnerships, seeking support to identify the right entry and growth partner in the Indian market, was also tabled at the meeting.


The government delegation toured Krypton’s 40,000 sq. ft facility. At Texas Instruments, it visited the 300-mm wafer fab manufacturing site.

Both Texas Instruments and Krypton are part of the electronics system design and manufacturing industry and have a sizeable presence in Karnataka.

Texas Instruments was the first technology company to set up an R&D centre in Bengaluru in 1985. The facility is the company’s largest outside of its headquarters in Dallas.

During the meeting with Texas Instruments, state officials and company executives also discussed R&D for analog and embedded semiconductors, with a potential exploration in the Whitefield semiconductor park.

The meetings were part of the minister’s 12-day tour to the US to attract investment into the state. S Selvakumar, principal secretary, Department of Commerce and Industries; and Gunjan Krishna, commissioner of industries, are accompanying the minister.

ERP Logic, which has facilities in Salem, Hyderabad and Chennai, is looking to enter Bengaluru.

The two sides also discussed exploring potential collaborations for SAP skilling initiatives in Karnataka.