Karnataka Secures Fresh Investment Interest from UK-Based SCI Semiconductors
The UK chip firm’s planned investment aims to enable local production of secure microprocessors, with Karnataka pledging full support.
Karnataka’s ongoing UK roadshow has garnered significant interest from global companies, with UK-based SCI Semiconductors expressing intent to establish a Global Capability Centre (GCC) in Bengaluru. The potential investment is expected to facilitate the local manufacture of hardware-secured microprocessors essential for computer-security applications.
The UK-based chip company has conveyed its interest in establishing a GCC in Karnataka, with the State Government assuring full support for the proposed investment.
“In Karnataka delegation’s meeting with SCI Semiconductors, the company expressed interest in setting up a GCC or Innovation Centre in the state to leverage state’s advanced tech ecosystem and engineering talent. We highlighted Karnataka’s strong semiconductor landscape and assured full support for SCI’s proposed investments and future collaborations,” Invest Karnataka, Government of Karnataka’s nodal agency for investment promotion and single-window facilitation, said on X.
Bengaluru has emerged as a hub for semiconductor design and R&D, with companies like ARM Semiconductors already having a significant presence in the city .
ARM Semiconductors, which already has its second-largest global office in Bengaluru, is looking to deepen collaboration across its global centres and open another office in the city.
Samco Holdings has shown interest in renewable energy, ethanol production, and battery manufacturing, while Latos Data Centre is exploring the possibility of setting up an artificial intelligence (AI) incubation centre in Bengaluru.
The companies were briefed on emerging opportunities in these sectors under the upcoming KWIN City project and the potential for data-centre investments connected to renewable energy and infrastructure development.
Karnataka has been a leader in attracting GCCs, with over 500 GCCs already established in the state. The state’s GCC policy, 2024-2029, aims to attract 500 new GCCs, generating $50 billion in economic output and creating 3.5 lakh jobs by 2029.
