BOMMASANDRA, INDIA – Krypton Solutions is planning to invest $100 million to establish a PCB fabrication facility in the Indian state of Karnataka.
The decision to invest was announced during a meeting between the company's representatives and an official delegation led by Karnataka's Minister of Large & Medium Industries, MB Patil.
Krypton Solutions intends to set up its new PCB facility in Bommasandra, Bengaluru and has already engaged in preliminary discussions with the government.
"During the meeting, the company also explored potential investment opportunities in Mysuru and Chamarajanagara within the state. Furthermore, Krypton expressed interest in forming local partnerships and sought support in identifying suitable entry and growth partners in the Indian market," said a statement from Patil. The government delegation also toured Krypton's 40,000 sq. ft. facility in Plano, TX.