Mysuru, May 2 -- Lack of technical directions and inability of Govt. to provide land cited as reasons

In a major setback to Mysuru's semiconductor ambitions, Chennai-based Silectric Semiconductor Manufacturing Pvt. Ltd. - promoted by directors of Zoho Corporation - has suspended its Rs. 3,425.60 crore investment plan in Karnataka's first electronics manufacturing cluster at Kochanahalli near Nanjangud in Varuna hobli of Mysuru district.

The proposed facility, which was expected to create 460 jobs on a 40-acre site, has been put on hold as Zoho Corporation reportedly failed to find a suitable technology partner to guide the highly complex semiconductor manufacturing processes.

Sridhar Vembu, Chief Scientist at Zoho, said, "Since this bu...