Bengaluru to tap Taiwan’s manufacturing potential

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After scripting a success story in software, Bengaluru is set on emerging as the hardware capital of India as well, and it has already made a promising start by tying up with global hardware giant Taiwan, reports DNA.

The forthcoming Global Investors’ Meet 2012 to be held in Bangalore on June 7 and 8 is expected to unveil a mega project, Taiwan Hardware Technology Park, which will make other states sit up and take note of the immense opportunities waiting to be tapped in the Information and Telecommunication (ITC) manufacturing sector.

“A group of Taiwan based companies have expressed interest in setting up ICT hardware manufacturing units near Bangalore in the form of an integrated township. About 1,000 acres of land is needed for the purpose and we have identified two sites: one near Devanahalli and another near Narasapura, in Kolar district,” chief minister DV Sadananda Gowda said.

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The Taiwan Hardware Technology Park would be an integrated township, with industrial units and residential space. The park would be devoted exclusively for setting up manufacturing units for making semiconductor chips, Light Emitting Diodes (LED), computer hardware and telecommunication equipment, the chief minister said.

Talks with 15 companies have already reached the memorandum of understanding stage. It would be announced at the forthcoming GIM. A 75 member delegation of Taiwan Electronics Manufacturers Association (TEMA) is expected to visit Bangalore in September to visit the proposed sites before finalising the site.

The state government has already announced an electronic hardware policy to woo investments with liberal tax concessions and investment incentives.

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