New Delhi, Dec 19 (KNN) To serve the local markets where there is a lot of demand for IOT (Internet of Things), Taiwanese are keen to set up an “electronics manufacturing cluster” in Gujarat and will be signing a MoU during the upcoming Vibrant Gujarat Summit, said Maulik Bhansali, Chairman of GESIA IT Association, a body representing the ICT industry of Gujarat.

He said “We will be participating in the Vibrant Summit along with the Government of Gujarat and we will be signing a MoU with Taiwan, which is interested in setting up an electronics manufacturing cluster in the state. We are still in talks and working out the details.”

The Taiwanese are very impressed by the success of the Japanese cluster and are looking to emulate them in Gujarat, he added.

They are looking to serve the local markets where there is a lot of demand for IOT (Internet of Things) and are also looking to export from this cluster to countries in middle-east, Europe and Africa, Bhansali told media persons during an interaction.

Vibrant Gujarat Summit is scheduled to be held from January 18-19, 2018.