Allegiance International signs MoU for development of Industrial park in Gujarat
Taiwanese firm Allegiance International Co has signed a Memorandum of Understanding (MoU) with the government of Gujarat. This MoU is for the development of the Indo-Taiwan Industrial Park in the Sanand-Dholera region.
As per updates, the proposed park is expected to attract foreign direct investment exceeding Rs 1,000 crore over the next five years, primarily from Taiwanese firms. The project prioritises semiconductor manufacturing, electronics production, and allied sectors such as robotics and advanced components.
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