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Investment & ProjectsBusiness Standard01 Aug 2026

Foundation stone laid for Rs 2,500 crore ASIP chip facility in Visakhapatnam.

The Prime Minister laid the foundation stone for the ASIP semiconductor facility at Visakhapatnam, Andhra Pradesh, reported at Rs 2,500 crore.

Why it matters

A further regional semiconductor project adds to the pipeline of sites requiring industrial fit-out and controlled-environment supply.

  • Andhra Pradesh
  • Semiconductor
  • Projects

Reported by Business Standard. MAECTRO summarises third-party developments for industry context and is not stated to be involved unless the original source says so.

Read the original announcement