ASM Technologies Limited, a pioneer in design-led manufacturing for the semiconductor and automotive industries, has signed a Memorandum of Understanding (MoU) with Guidance, Government of Tamil Nadu to invest ₹250 crore in expanding its ESDM-related design-led manufacturing and precision engineering capabilities. As part of the agreement, ASM will acquire 5 acres of land from the state government to establish a state-of-the-art design facility in Tamil Nadu’s growing technology manufacturing hub, strengthening its long-term strategic positioning.
Speaking on the occasion, Rabindra Srikantan, Managing Director, ASM Technologies Limited, said “This MoU marks a significant milestone in ASM’s growth journey. With this investment, we are expanding our design-led manufacturing capabilities in the ESDM sector, enhancing our expertise in precision engineering for electronics, solar, and semiconductors. This expansion reinforces our commitment to innovation, global competitiveness, and scaling operations to meet the evolving needs of our customers. We thank the Government of Tamil Nadu for their continued support.”
Preeti Rabindra, Director, ASM Technologies Limited, added “This initiative reflects our focus on building advanced design-led manufacturing solutions for the ESDM sector and strengthening our role as a trusted partner for global clients. The investment will open new opportunities for growth, innovation, and excellence while contributing to India’s expanding manufacturing ecosystem.”
ASM Technologies currently operates modern manufacturing facilities in Dabaspet, Karnataka, and Sriperumbudur, Tamil Nadu, which serve as key centers of excellence for its clients across multiple industries. The new investment complements the Government of India’s ‘Make in India’ initiative, furthering ASM’s vision of leadership in engineering innovation and design-led manufacturing. With over three decades of experience and a global presence spanning the USA, Singapore, UK, Canada, Japan, Thailand, and Mexico, ASM Technologies continues to drive industrial progress and deliver value to its global customer base.
