February 11, 2025 03:00 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Netizens demand action against influencer Apoorva Makhija for her 'vulgar comedy' amid row over Ranveer Allahbadia's remark | Singer B Praak not to appear on Ranveer Allahbadia's podcast over 'sex' remark row | No tie-up with Congress in Bengal, says Mamata Banerjee claiming TMC enough to defeat BJP | FIR against Ranveer Allahbadia, other YouTubers over controversial 'sex' remark in a show | PM Modi arrives in Paris to take part in AI Action Summit | Is BJP considering women candidates for Delhi CM post? Speculations are rife amid party's brainstorming sessions | PM Modi departs for his crucial trip to France and US | President Droupadi Murmu takes holy dip at Triveni Sangam in Maha Kumbh Mela | Arvind Kejriwal to meet Punjab AAP MLAs amid murmurs over exodus after Delhi exit | Delhi's grand oath ceremony to be held after PM Modi returns from US: Reports
Wistron
Image Credit: Unsplash

Taiwanese electronics manufacturer Wistron to invest Rs 1,500 cr in laptop manufacturing unit in Karnataka

| @indiablooms | Feb 01, 2024, at 04:07 am

Bengaluru: Taiwan-headquartered electronics firm Wistron (ICT Service Management Solutions) and the Karnataka government inked a memorandum of understanding (MoU) on Wednesday to set up a laptop manufacturing unit that may bolster job creation in the state, media reports said.

Karnataka’s minister of large and medium industries MB Patil said the deal involves an investment of Rs 1,500 crore by Wistron, which will lead to the creation of nearly 3,000 jobs.

The company has requested the state government to allot a land spanning 32 acres and the government is mulling providing it in the Bengaluru area, according to the minister.

"The globally leading company, known for providing technology services and products, plans to commence work related to setting up the plant in July 2024 and aims to start manufacturing laptops by January 2026," Patil was quoted as saying by Moneycontrol

He also asserted that this would be the first of its type laptop manufacturing plant in Karnataka.

"The unit, aligned with Industry 4.0 standards and featuring a fully automated facility, will produce laptops for all brands, with over 50% of the laptops manufactured here intended for export. Additionally, the plant will produce IoT components and EV-related parts," he added.

Patil said the development is not only about the production of electronic goods in the state but also about nurturing innovation, job creation, and positioning Karnataka as a top player in the electronics manufacturing industry.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
PM Modi on Budget 2024 Jul 23, 2024, at 09:30 pm