Gujarat has strengthened ties with Taiwan by signing a memorandum of understanding (MoU) to establish an India-Taiwan Industrial Park in the Sanand–Dholera region. This collaboration between the state government’s Department of Science and Technology and Allegiance International Company Limited aims to create a manufacturing hub focusing on semiconductors, electronics, electric vehicles, and robotics.
The signing ceremony, held in Gandhinagar, was graced by Gujarat Chief Minister Bhupendra Patel and Science and Technology Minister Arjun Modhwadia. The agreement, inked by Simon Lee and P. Bharathi, is set to enhance industrial connections between Indian and Taiwanese companies through the development of a specialized high-tech manufacturing and supply chain center.
The proposed industrial park, slated for the Sanand–Dholera corridor, is anticipated to attract over Rs 1,000 crore in foreign direct investment (FDI), primarily from Taiwanese companies in the semiconductor and electronics sectors. It is also expected to create approximately 12,000 direct job opportunities within the next five years.
State officials highlighted that this initiative aligns with the goals of the India Semiconductor Mission and Gujarat’s broader vision to establish itself as a hub for high-tech industries. With ongoing semiconductor projects worth more than Rs 1.24 lakh crore in the state, the industrial park is poised to bolster industrial cooperation between India and Taiwan in cutting-edge technology sectors.
