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Taiwanese cos keen to set-up hardware units in Karnataka

Posted: 28 May 2012     Print Version  Bookmark and Share

Keywords:electronics hardware manufacturing  Karnataka  Taiwanese 

It seems like the government's dream to make India an electronics hardware manufacturing base is taking shape. About 15 Taiwanese companies are interested in setting up their electronics hardware manufacturing units in Karnataka, according to The Hindu Business Line.

The companies have approached Chief Minister D. V. Sadananda Gowda for setting up hardware plants in the state.

"We have shown 1,400 acre in Narsapur in Kolar and about 700 acre in Devanahalli which we already have in our possession," Gowda told Business Line. "So far, about 15 companies have shown keen interest in investing in hardware units."

Moreover, a 'Taiwanese City' is also being planned in the state. It would be a 70:30 integrated township, where 30 per cent is being reserved for residential and creating other amenities for hardware companies. The balance will be offered to different electronics industries, reported Business Line.

"This, typically, would open up opportunities for start-up device manufacturers. "A start-up company cannot afford to order million of chipsets, with the costs associated with it and if there is a plant in India, it would work out better in terms of logistics and cost negotiations," said Praveen Vishakantaiah, president, Intel India, was quoted as saying.

This is a part of the Indian government's ongoing thrust to promote domestic hardware manufacturing in India.





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