Allegiance Group to invest Rs 1000 crore in Karnataka
Taiwanese firm, Allegiance Group, has plans to invest Rs 1000 crore in Karnataka for an India-Taiwan Industrial Park (ITIP). The proposed park will focus on electronics and semiconductor manufacturing.
The firm signed an agreement with the state government for the project that will build a supply chain ecosystem for components and chip design.
Also Read: Karnataka government plans to develop new semiconductor park in Bengaluru