ASM Technologies Expands Design-Led Manufacturing in Tamil Nadu

ASM Technologies Limited, renowned for design-led manufacturing in the semiconductor and automotive areas, has in a move signed a Memorandum of Understanding (MoU) with Guidance, Government of Tamil Nadu, to invest ₹250 crore in expanding electronic system design and manufacturing (ESDM) and precision engineering capabilities.

As per the MoU, ASM will become the owner of a 5-acre land to set up a modern design facility in Tamil Nadu, the new tech-manufacturing hub. This is a targeted investment that will extend the company's long-term plans in sectors with high-value applications such as electronics, semiconductors, and renewable energy.

On the occasion, Ratindra Srikantan, Managing Director, ASM Technologies Limited, said, "Our growth track just got brighter with this MoU. It will add value to our design-led manufacturing capabilities as well as keep us on our toes to innovate, be globally competitive and provide customer-centric solutions. Thanks to the Government of Tamil Nadu for their support.”

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Preeti Rabindra, Director, ASM Technologies Limited, remarked, “This move highlights our commitment to delivering advanced design-led solutions in the ESDM sector while supporting India's rapidly growing manufacturing ecosystem. The new level of innovation, excellence, and global collaboration is accessible through this.”

Currently, ASM has developed facilities in Dabaspet (Karnataka) and Sriperumbudur (Tamil Nadu) where it caters to the needs of the clients from various verticals. Along with having a global footprint in the USA, UK, Singapore, Canada, Japan, Thailand, and Mexico, ASM continues to play a critical role in India's Make in India mission while strengthening its global engineering leadership.