Wistron to increase India operations: Telangana unit deliberate with Rs 1,000 crore funding; concentrate on non-iPhone {hardware}
Taiwanese producer Wistron, which offered its Karnataka iPhone facility to Tata Electronics in 2023, is now planning an electronics manufacturing unit in Telangana with a proposed funding of Rs 1,000 crore, in line with knowledgeable Financial Instances sources.The corporate is at present in search of appropriate land in Hyderabad to determine a facility devoted to manufacturing servers, routers and switches, in line with the ET sources who requested anonymity.Following its departure from the Kolar plant, which skilled labour points in 2020, Wistron is increasing its Indian presence. The corporate can also be establishing a Rs 1,450 crore laptop computer manufacturing unit in Bengaluru, set to begin operations by January 2026, as confirmed by Karnataka industries minister MB Patil final yr.“They (Wistron) have determined to come back to Telangana with a distinct product line. They’re investing nearly Rs 1,000 crore. Now they’re finalising the placement,” mentioned one of many individuals. “It may very well be in the identical space the place Hyderabad’s electronics manufacturing is concentrated, in one of many electronics parks on the outskirts of the town. It has not frozen the placement but. They’ve seen a couple of areas,” the individual, quoted by ET, added.“Wistron is into manufacturing servers, routers and switches. Manufacturing of these could go to Telangana. However it is going to be the non-iPhone making that can go to the state; iPhone meeting is dominated out,” one other individual mentioned.Responding to ET, Wistron declined to touch upon the Telangana plans however reiterated its 2024 announcement concerning its subsidiary, ICT Service Administration Options (India), looking for land use rights from Karnataka Industrial Space Growth Board for as much as Rs 140 crore close to Bangalore’s worldwide airport.In March final yr, the Karnataka State Excessive Degree Clearance Committee accredited ICT Service Administration’s Rs 1,450 crore funding proposal, probably creating 2,500 jobs. When signing the memorandum of understanding in January final yr, minister Patil talked about ICT Service Administration’s request for 32 acres.The automated facility would manufacture laptops for numerous manufacturers, with over 50% supposed for export, in line with Patil. The unit would additionally produce IoT elements and EV-related elements.Wistron operates in India via three subsidiaries: ICT Service Administration, Smartiply India and Wistron Automotive Electronics (India). ICT Service Administration handles import-export providers and upkeep, Smartiply India develops web platforms and IoT merchandise, while Wistron Automotive Electronics focuses on automotive electronics manufacturing and R&D.
