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Karnataka invites Taiwanese firms to invest in state

Updated: Aug 02, 2019 09:20:19am

Karnataka invites Taiwanese firms to invest in state

Bengaluru, Aug 2 (KNN) Karnataka government has invited Taiwanese companies to invest in the State.

A state delegation led by Gunjan Krishna, Commissioner for Industrial Development and Director of Industries & Commerce, interacted with leading Taiwanese companies.

The official interacted with Taiwanese companies engaged in the electronics, electric vehicles, FMCG electronics, green energy industrial at the 18th India Taiwan Joint Business Council Meeting, organized jointly by the Federation of Indian Chambers of Commerce & Industry (FICCI) and Chinese International Economic Cooperation Association, in New Delhi recently.

Tien Chung – Kwang, Ambassador of Taiwan and Representative of Taiwan Economic and Cultural Centre in India, inaugurated the meeting.

Leading Taiwanese and Indian business leaders discussed methods to enhance the industrial and business ties between India and Taiwan during the meeting.

About 40 Taiwanese companies participated in the event. Some of the leading Taiwanese companies participated in the meeting were Wistron, Chroma Ate Inc, Sinpro and Yusun Holding Corporation.

The Commissioner said the government is working on development of specific cluster development for electric vehicles and defence equipment.

Several enabling interventions being created to drive investments in these sectors which includes enabling infrastructure (plug and play infrastructure, readymade sheds, Centre of Excellence for skill development), attractive incentive packages etc.


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