Indo-Taiwan industrial park to be developed in Sanand-Dholera
Gandhinagar, April 10
The Gujarat government has taken a key step to accelerate Gujarat's journey towards becoming a semiconductor hub, in line with the India Semiconductor Mission, under the visionary leadership of Prime Minister Narendra Modi.
Gujarat is fast emerging as the destination of choice for semiconductor manufacturing, with projects worth over ₹1.24 lakh crore currently under development in the state, according to the release from Gujarat CMO.
To further accelerate this momentum under the leadership of Chief Minister Bhupendra Patel, an MoU was signed on Friday in Gandhinagar between the State Government's Department of Science and Technology and Allegiance International Company Limited.
The MoU was signed by the Vice President of the Taiwan Chamber of Commerce in India and Chairman of Allegiance Group, Simon Lee, and the Secretary, Science & Technology Department, Government of Gujarat, P Bharathi, in the presence of Science and Technology Minister Arjun Modhwadia.
Under this MoU, M/s Allegiance International Company Limited will facilitate and strengthen business collaboration between enterprises of India and Taiwan looking to establish operations in India, as per the release.
For this purpose, an Indo-Taiwan Industrial Park will be developed in Sanand-Dholera, aiming to attract over ₹1,000 crore in proposed foreign direct investment (FDI) from Taiwanese industries--especially in the semiconductor and electronics sectors--and generate around 12,000 direct employment opportunities over the next five years.
As a result, Gujarat's collaboration with Taiwan will be further strengthened to support companies in semiconductors and allied sectors, electronics manufacturing, electric vehicles, robotics, and related supply chains, thereby fostering a robust production ecosystem, the release stated.
On the occasion of the MoU signing, Principal Secretary to the Chief Minister Shri Sanjeev Kumar, Additional Principal Secretary Vikrant Pandey and office bearers of the Taiwan Chamber of Commerce were also present.
— ANI
Reader Comments
Great step forward! Attracting Taiwanese expertise in semiconductors is smart. But I hope the environmental impact assessment for the industrial park in Dholera is done thoroughly. Development shouldn't come at the cost of the local ecology.
₹1,000 crore FDI and 12,000 jobs? Waah! Gujarat is on a roll. This will have a huge multiplier effect on the local economy. Hope other states learn from this model of proactive policy and execution.
Interesting development. Taiwan is a global leader in chip manufacturing. This collaboration could be a game-changer for India's tech manufacturing ambitions. The focus on EVs and robotics is also very forward-looking.
While the intent is good, we must ensure the technology transfer is real and we build our own R&D capabilities. We cannot just be an assembly line. The "Make in India" should eventually mean "Designed in India" for critical components like semiconductors.
More than the investment, the 12,000 direct jobs are the real highlight! This will boost so many families. Hope they also invest in skilling programs for the local population so they can take up these high-quality jobs.
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.