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Wistron to set up manufacturing facility; to invest Rs 6.82 billion

March 14, 2018

Taiwanese contract manufacturer, Wistron Infocomm Manufacturing has got approval to acquire 43 acres of additional land near Bengaluru to set up a manufacturing plant. It is planning to invest Rs 6.82 billion on expanding its India operations.

The state government of Karnataka issued a notification approving Wistron’s proposed investment plan to manufacture smartphones, internet of things (IoT) products and biotech devices. The facility will be set up at Narasapura Industrial Area in Kolar district, adjacent to the district of Bengaluru.

According to Wistron, the project can create approximately 6,000 jobs. As per industry estimates, manufacturing for Apple is a part of their expansion plans. At present, Wistron manufactures the iPhone SE globally for Apple and has been assembling the device in India through its subsidiary ICT Service Management Solutions since 2017.

 
 

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