ASM Tech to invest ₹250 Cr in Tamil Nadu for ESDM expansion
ASM Technologies Limited signed an MoU with the Guidance, Government of Tamil Nadu to invest ₹250 crore in expanding its ESDM design-led manufacturing and precision engineering capacity. The company will acquire 5 acres to set up a new design facility, complementing its existing units in Karnataka and Tamil Nadu, supporting growth and the ‘Make in India’ initiative.