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Time of India
a day ago
- Business
- Time of India
Wistron to expand India operations: Telangana unit planned with Rs 1,000 crore investment; focus on non-iPhone hardware
Representative image Taiwanese manufacturer Wistron, which sold its Karnataka iPhone facility to Tata Electronics in 2023, is now planning an electronics production unit in Telangana with a proposed investment of Rs 1,000 crore, according to informed Economic Times sources. The company is currently looking for suitable land in Hyderabad to establish a facility dedicated to manufacturing servers, routers and switches, according to the ET sources who requested anonymity. Following its departure from the Kolar plant, which experienced labour issues in 2020, Wistron is expanding its Indian presence. The company is also establishing a Rs 1,450 crore laptop manufacturing unit in Bengaluru, set to commence operations by January 2026, as confirmed by Karnataka industries minister MB Patil last year. "They (Wistron) have decided to come to Telangana with a different product line. They are investing almost Rs 1,000 crore. Now they are finalising the location," said one of the people. "It could be in the same area where Hyderabad's electronics manufacturing is concentrated, in one of the electronics parks on the outskirts of the city. It has not frozen the location yet. They have seen a few locations," the person, quoted by ET, added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses Indonesia (Prices May Surprise You) Container House | Search Ads Search Now Undo "Wistron is into manufacturing servers, routers and switches. Manufacturing of those may go to Telangana. But it will be the non-iPhone making that will go to the state; iPhone assembly is ruled out," another person said. Responding to ET, Wistron declined to comment on the Telangana plans but reiterated its 2024 announcement regarding its subsidiary, ICT Service Management Solutions (India), seeking land use rights from Karnataka Industrial Area Development Board for up to Rs 140 crore near Bangalore's international airport. In March last year, the Karnataka State High Level Clearance Committee approved ICT Service Management's Rs 1,450 crore investment proposal, potentially creating 2,500 jobs. When signing the memorandum of understanding in January last year, minister Patil mentioned ICT Service Management's request for 32 acres. The automated facility would manufacture laptops for various brands, with over 50% intended for export, according to Patil. The unit would also produce IoT components and EV-related parts. Wistron operates in India through three subsidiaries: ICT Service Management, Smartiply India and Wistron Automotive Electronics (India). ICT Service Management handles import-export services and maintenance, Smartiply India develops internet platforms and IoT products, whilst Wistron Automotive Electronics focuses on automotive electronics manufacturing and R&D. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Time of India
2 days ago
- Business
- Time of India
Wistron is eyeing Rs 1,000 crore IT hardware plant in Telangana
Academy Empower your mind, elevate your skills Wistron, the Taiwanese contract manufacturer that sold its iPhone assembly plant in Karnataka's Kolar to Tata Electronics in 2023, is firming up plans for an electronics production facility in Telangana with an investment of around Rs 1,000 crore, people aware of the matter is scouting for land in Hyderabad to build the facility that will manufacture servers, routers and switches, these people said on the condition of exiting the Kolar plant, where it had faced worker unrest in 2020, Wistron is again expanding its operations in India. The plans also include setting up a Rs 1,450 crore plant in Bengaluru to manufacture laptops. This facility is scheduled to start production by January 2026, Karnataka industries minister MB Patil said last year."They (Wistron) have decided to come to Telangana with a different product line. They are investing almost Rs 1,000 crore. Now they are finalising the location,' said one of the people. 'It could be in the same area where Hyderabad's electronics manufacturing is concentrated, in one of the electronics parks on the outskirts of the city. It has not frozen the location yet. They have seen a few locations," this person said."Wistron is into manufacturing servers, routers and switches. Manufacturing of those may go to Telangana. But it will be the non-iPhone making that will go to the state; iPhone assembly is ruled out," another person did not comment on the Telangana plan. In a statement to ET, the company repeated the announcement in 2024 when it said a wholly owned subsidiary, ICT Service Management Solutions (India), intended to secure a land use right from the Karnataka Industrial Area Development Board for up to Rs 140 crore. That land is near the international airport in Bangalore, it said in the latest Karnataka State High Level Clearance Committee had in March last year approved ICT Service Management's Rs 1,450 crore investment proposal with a potential to create 2,500 jobs. In January last year, when the company and the state government signed a memorandum of understanding, minister Patil said that ICT Service Management had sought 32 acres for the proposed proposed unit with a fully automated facility would make laptops for all brands and over 50% of laptops made here would be exported, Patil had said. The plant would also produce IoT components and EV-related currently operates in India through three subsidiaries: ICT Service Management, Smartiply India and Wistron Automotive Electronics (India). While ICT Service Management focuses on import-export services and maintenance operations, Smartiply India develops internet platforms and IoT-related products. Wistron Automotive Electronics specialises in manufacturing, R&D and design of automotive electronics and related products.
Hindustan Times
6 days ago
- Business
- Hindustan Times
‘Dancing Bamboo': Here's what you'll smell every time you take off from Bengaluru airport
In a new initiative, the Kempegowda International Airport (KIA) in Bengaluru introduced a unique scent named 'Dancing Bamboo' on Thursday, designed to forge a stronger sensory bond with travellers. The Kempegowda International Airport in Bengaluru.(Instagram/@iamkarlrock) 'Scents can transport you! We've added an enchanting aroma designed to soothe and elevate your experience at BLR Airport, our Signature Fragrance, 'Dancing Bamboo,' is specially curated to make you feel right at home,' the official account of the airport posted on social media site X. READ | Bengaluru's Rameshwaram Cafe calls 'worm in pongal' claim a setup, says it got ₹25 lakh extortion call "This isn't just any scent; it's carefully crafted to wrap you in a sense of calm the moment you step into our terminals. So, the next time you're with us, take a deep breath & let the "Dancing Bamboo" enhance your travel moments at BLR Airport & let us know how it makes you feel?" it added. Shalini Rao, the chief marketing officer of Bangalore International Airport Ltd, spoke to reporters on the matter and said that the new fragrance seeks to embody the airport's essence — peaceful, naturally inspired, and subtly elegant, as quoted by news agency PTI. She emphasized that this scent enhances their brand by expressing a dedication to crafting environments that reflect the airport's welcoming atmosphere, cultural richness, and character. READ | Bengaluru food delivery executive held for secretly filming women on MG Road, posting online with music According to the announcement, this aroma will be gently dispersed throughout major passenger areas, such as the check-in and arrival sections of terminal 2, providing a consistent and soothing sensory experience. Meanwhile, as the Kempegowda International Airport approaches its anticipated maximum capacity, Karnataka is renewing efforts to establish a second international airport for the city. The state's industries and infrastructure development minister, MB Patil, has identified three prospective locations out of an initial seven options, namely Kaggalipura, Harohalli, and Chikkasolur. (With PTI inputs)
Time of India
6 days ago
- Business
- Time of India
MB Patil urges Centre to clear decks for Bengaluru's 2nd airport
1 2 New Delhi: Industries and infrastructure development minister MB Patil Thursday pressed union civil aviation minister K Ramamohan Naidu to fast-track key aviation projects in the state, including finalising the location for Bengaluru's proposed second international airport. "Once finalised, this would enable the state govt to proceed with follow-up works," Patil said. He also sought central clearance for the inauguration of the Vijayapura airport, which is ready to launch pending the environment ministry's nod. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru Emphasising the potential of north Karnataka for investments, Patil sought international status for Hubballi and Belagavi airports. Both airports now have passenger terminals with capacities of 2,400 passengers per hour and feature night-landing and cargo terminals. Upgrading them would "boost connectivity for north Karnataka, south Maharashtra and Goa," he said. During the meeting, airport development in Mysuru, Shivamogga, Hassan, Karwar, and Raichur also came up for discussion. Patil urged the Centre to grant Karnataka stakeholder status in the airport monetisation programme. "Despite Karnataka's key role… it has not been granted stakeholder status," he said, citing Rs 319 crore for Mysuru runway expansion, Rs 450 crore for land at Hubballi, and full funding of Kalaburagi airport.
New Indian Express
20-07-2025
- Business
- New Indian Express
The need to balance industrial growth & farmers' interests
The State Government took a well-considered decision earlier this week to abandon its plan of acquiring 1,777 acres of fertile land for a proposed defence and aerospace park near the international airport on the outskirts of Bengaluru. The move provided relief to farmers who have fought a long and difficult battle to protect their livelihood. Their struggle was backed by many prominent scholars, scientists, artists, and public intellectuals. The move is unlikely to have any major impact on Karnataka's efforts to attract investors and its reputation as one of the most sought-after investment destinations in the country. However, the episode reemphasised the need for careful identification of lands to be acquired for industrial development, especially as the state strives to maintain the lead in the defence and aerospace sector while continuing to woo investors in other sectors as well. Land acquisition is always a challenge. But why identify a fertile farmland for industrial purposes and push farmers to protest? No doubt, industrial development is essential to spur economic activities and generate employment, but it should not be at the cost of protecting farmers' interests and ensuring food security. Even the government has often made that aspect clear. Pushback from farmers near Devanahalli and the subsequent decision taken by the government could influence similar demands from farmers in other places. While it may pose a challenge for authorities, it also highlights the need for a more consultative approach, from the time of identifying land, to avoid any conflict with farmers. As Karnataka makes great strides attracting investments, the demand for land will increase significantly. In the Global Investors Meet [GIM] held earlier this year under the leadership of Industries Minister MB Patil, the state secured commitments of approximately Rs 10.27 lakh crore, of which Rs 4.34 lakh crore have already been converted. The state is in the top position in the country in the defence and aviation industry, with 67% of all aircraft and helicopter manufacturing for defence services and 25% of India's aircraft and spacecraft industries based in Karnataka. The defence Public Sector Undertaking Hindustan Aeronautics Limited [HAL], being headquartered in Bengaluru, plays a pivotal role in providing a much-needed ecosystem and impetus for the growth in the sector. The presence of several DRDO facilities, multi-national firms, and many top-notch educational institutions also adds to the state's advantage.
