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Wistron, Karnataka govt signs MoU for laptop manufacturing with Rs 1,500 cr investment

Thursday, 01 Feb 2024
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The government of Karnataka and Wistron (ICT Service Management Solutions) have signed a memorandum of understanding (MoU) to set up a laptop manufacturing unit, wherein the Taiwan-based company would invest Rs 1,500 crore. The project is likely to create around employment opportunities for 3,000 people, as stated by Large and Medium Industries Minister, MB Patil. Senior officials of Wistron Corp and Director, Department of Industries,Gunjan Krishna were also present.

The company has sought 32 acres of land for the proposed project, and the government is considering to provide the required land parcel in the surroundings of the Bengaluru region. 

The global company has planned to commence works related to setting up the plant in July 2024 and to start manufacturing laptops by January 2026. The unit adhering to Industry 4.0 standards with a fully automated facility will make laptops for all brands, and over 50 percent of laptops made from here would be exported. Furthermore, it would produce IoT components and EV-related parts also.  

The Minister claimed that this would be the first-of-its-kind unit to manufacture laptops in Karnataka, and would foster innovation, create job opportunities, and position Karnataka as a leader in the electronics manufacturing industry.

 
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