India, March 7 -- Ashok Chandak, President of IESA, spoke on the Karnataka Budget 2026 that was presented on 6 March 2026.

He said: "The Karnataka Budget presented on 6th March 2026 sends a strong and reassuring signal to the global electronics and semiconductor industry. Karnataka's emergence as one of the most attractive destinations for ESDM and semiconductor investments is now backed by a clear policy vision and long-term commitment to technology leadership.

"The expectation of nearly Rs.45,000 crore in investments from companies in the semiconductor and ESDM sector reflects the deep confidence that leading global technology players have placed in Karnataka's ecosystem.

"Equally significant is the state's forward-looking investment...