Applied Materials signed MoU to invest ₹3,600 crore in Bengaluru Signature Business Park

Applied Materials will invest ₹3,600 crore in Karnataka over the next 10 years for a project planned in the Bengaluru Signature Business Park area, according to a statement cited from the minister’s office. The article says the signed MoU for the project has been received, and the investment will focus on R&D, manufacturing of essential equipment, and software technologies for semiconductor chip production; it is expected to create about 1,000 jobs.