Taiwan Team Agrees To Invest In YSR Electronics Manufacturing Cluster In Andhra Pradesh: Report

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  • Taiwanese companies such as Foxlink, Greentech Industries, Apache Footwear, Intelligent SEZ, Foxconn, Applied Materials and PSA Walsin participated in the Taiwan-AP business roundtable
  • The roundtable also focussed on attracting electronic component manufacturers to AP

As per a report by the New Indian Express, Taipei Economic and Cultural Centre (TECC), Chennai, director General Ben Wang, leading a delegation of representatives of several Taiwanese firms, participated in the Taiwan-AP business roundtable held under the chairmanship of Industries Minister Mekapati Goutham Reddy. Taiwanese companies such as Foxlink, Greentech Industries, Apache Footwear, Intelligent SEZ, Foxconn, Applied Materials and PSA Walsin participated. Ben Wang agreed to extend support for the development of YSR Electronics Manufacturing Cluster at Kopparthy in Kadapa district.

Attracting electronic component manufacturers to AP

The report added that the industries minister assured to set up a dedicated Taiwan Desk under the aegis of YSR AP ONE business enablement centre under the Industries department and nominate a special representative of AP in Taiwan to coordinate areas of mutual interest. The roundtable also focused on attracting electronic component manufacturers to AP as per the report.

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The report added that the minister mooted for the creation of a hi-tech hub for manufacturing bicycles and e-bikes catering for domestic as well as export markets. A joint statement by Ben Wang and Goutham Reddy identified five key areas of collaboration.

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