Chennai, February 13 KLA Corporation, a global technology leader based in the US, has committed investments of ₹3,600 crore in Tamil Nadu to set up its global research and development hub in the city, State Minister for Industries TRB Rajaa said on Friday.
The planned 12-acre campus will create 4,000 high-skilled jobs, he said.
"KLA, which is one of the leading companies in semiconductor manufacturing design, research, and development, signed a MoU with Guidance to invest USD 400 million (approximately ₹3,600 crore) to establish its global R&D and Innovation campus in Chennai," Rajaa said.
In a social media post, he shared a picture taken after the signing of the MoU between Guidance (a Tamil Nadu government-backed investment promotion agency) and top company officials, in the presence of Chief Minister M K Stalin and Deputy Chief Minister Udhayanidhi Stalin at the Secretariat.
"Under the leadership of Chief Minister M K Stalin, we are building a long-lasting semiconductor ecosystem based on talent, research, and advanced engineering. The planned campus will create 4,000 high-skilled jobs," Rajaa said in the post.
The 12-acre campus in Chennai is envisioned as KLA's Global Research and Development and Innovation Hub, with a potential built-up area of up to 1.5 million sq ft, he said.
The Chennai unit will support advanced research in high-performance computing, process control engineering software, and Artificial Intelligence (AI)-driven semiconductor innovation.
"When fully developed, this facility will be KLA's largest integrated R&D facility (located) outside its global headquarters. This investment reflects confidence in Tamil Nadu's governance, stability, policy clarity, and deep engineering talent pool," Rajaa added.
The California-based firm develops industry-leading equipment and services that enable innovation in the electronics industry.
It provides advanced process control and process-enabled solutions for integrated circuits, packaging, and printed circuit boards, among others, the company said on its website.