Hyderabad semiconductor firm plans ₹2,800 crore chip facility in Madhya Pradesh
- Hyderabad-based Spintronics AI is considering a ₹2,800 crore chip manufacturing plant in Madhya Pradesh.
- Company is studying a 40-acre site in Ujjain for the proposed factory.
- First phase may cost ₹800 crore, with further expansion planned later.
- • Project could create 1,000 direct jobs & 2,800 indirect jobs if approved.
Source: enterpriseai.economictimes.indiatimes.com
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