{"id":22460,"date":"2025-03-20T21:36:54","date_gmt":"2025-03-20T16:36:54","guid":{"rendered":"https:\/\/vglobenews.com\/?p=22460"},"modified":"2025-03-20T21:36:54","modified_gmt":"2025-03-20T16:36:54","slug":"taiwans-%e2%82%b92000-cr-industrial-park-coming-to-hyderabad-future-city","status":"publish","type":"post","link":"https:\/\/vglobenews.com\/?p=22460","title":{"rendered":"Taiwan\u2019s \u20b92,000 Cr Industrial Park Coming to Hyderabad Future City!"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"355\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2025\/03\/bilateral-trade-ties-between-india-and-taiwan-are-on-the-rise479914592773327970.jpg?resize=640%2C355&#038;ssl=1\" alt=\"\" class=\"wp-image-22459\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2025\/03\/bilateral-trade-ties-between-india-and-taiwan-are-on-the-rise479914592773327970.jpg?resize=1024%2C568&amp;ssl=1 1024w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2025\/03\/bilateral-trade-ties-between-india-and-taiwan-are-on-the-rise479914592773327970.jpg?resize=300%2C166&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2025\/03\/bilateral-trade-ties-between-india-and-taiwan-are-on-the-rise479914592773327970.jpg?resize=768%2C426&amp;ssl=1 768w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2025\/03\/bilateral-trade-ties-between-india-and-taiwan-are-on-the-rise479914592773327970.jpg?w=1114&amp;ssl=1 1114w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p><strong>Taiwan Industrial Park to be Established in Hyderabad Future City with \u20b92,000 Crore Investment<\/strong><\/p>\n\n\n\n<p><em>Hyderabad, March 20:<\/em> In a significant boost to Telangana\u2019s industrial growth, <strong>Taiwan\u2019s leading business conglomerate, Elegance Group<\/strong>, has announced plans to develop a <strong>world-class Technology and Industrial Park (ITIP) in Hyderabad Future City<\/strong>. With an investment of <strong>\u20b92,000 crore<\/strong>, this will be the first-of-its-kind <strong>Taiwan Industrial Park<\/strong> in India, aimed at fostering high-end manufacturing and technology-driven industries.<\/p>\n\n\n\n<p>Following the directives of <strong>IT and Industries Minister Duddilla Sridhar Babu<\/strong>, a high-level <strong>Telangana government delegation is currently in Taipei, Taiwan<\/strong>, to strengthen economic ties and attract Foreign Direct Investment (FDI). As part of the <strong>Taiwan-India economic relations promotion program<\/strong>, <strong>11 Taiwanese companies signed Memorandums of Understanding (MoUs) on Thursday<\/strong>, confirming their commitment to investing in this upcoming industrial park.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Land Allocation &amp; Project Timeline<\/strong><\/h3>\n\n\n\n<p>The <strong>Telangana government has already allocated 15 acres of land<\/strong> in the <strong>Electronics Park at Kongarakalan<\/strong> for the development of ITIP. However, in view of the large-scale investments and industry expansion plans, <strong>Taiwanese companies have requested an additional 250 acres<\/strong> to establish full-scale industrial units.<\/p>\n\n\n\n<p>Taiwanese representatives have assured that <strong>development work on the industrial park will commence as soon as the additional land is allocated<\/strong>. The project will be executed in <strong>phases<\/strong>, with the <strong>first phase scheduled for completion within three years<\/strong>, during which industries will be set up with an initial investment of \u20b92,000 crore. Production operations are expected to begin immediately after completion.<\/p>\n\n\n\n<p>This massive investment is projected to generate <strong>thousands of direct and indirect employment opportunities<\/strong>, significantly contributing to Telangana\u2019s economy. The park will focus on the <strong>manufacturing of high-end technological products<\/strong>, including <strong>electronics and solar panels<\/strong>, catering to both <strong>domestic demand and large-scale exports<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Taiwan\u2019s Confidence in Telangana\u2019s Industrial Ecosystem<\/strong><\/h3>\n\n\n\n<p>During discussions, <strong>Simon Lee, Chairman of the Taiwanese Representatives Group<\/strong>, praised Telangana\u2019s <strong>favorable industrial environment, skilled workforce, and business-friendly policies<\/strong>. He also announced plans to <strong>build a Taiwanese community, \u2018Formosa Town\u2019<\/strong>, within the industrial park to <strong>preserve and support the culture of Taiwanese professionals<\/strong> involved in the project\u2019s development and management.<\/p>\n\n\n\n<p>The Taiwanese delegation further expressed keen interest in collaborating with <strong>Young India Skills University<\/strong> to ensure a steady supply of trained professionals for the industries being set up. <strong>Wing Commander Dr. Suryakant Sharma, Director of the State Electronics Department<\/strong>, conveyed Minister Sridhar Babu\u2019s assurance that the state government would facilitate access to skilled manpower and necessary resources.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Next Steps: Meeting with CM Revanth Reddy<\/strong><\/h3>\n\n\n\n<p>Taiwanese business leaders have confirmed that <strong>a delegation will soon visit Telangana<\/strong> to discuss the <strong>industrial park\u2019s development plan<\/strong> with <strong>Chief Minister A. Revanth Reddy<\/strong> and <strong>Industries Minister Sridhar Babu<\/strong>. They aim to finalize land allocations and address logistical requirements to fast-track the project\u2019s implementation.<\/p>\n\n\n\n<p>The MoU signing event in Taipei was attended by <strong>Taiwan Chamber of Commerce President Ho Chun-hsin<\/strong> and <strong>Director General of the India Taipei Association, Manhar Singh Yadav<\/strong>.<\/p>\n\n\n\n<p>With this landmark collaboration, Telangana is set to emerge as a <strong>major hub for Taiwanese investments in India<\/strong>, further strengthening the state\u2019s <strong>position as a leader in industrial development and technological innovation<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taiwan Industrial Park to be Established in Hyderabad Future City with \u20b92,000 Crore Investment Hyderabad, March 20: In a significant boost to Telangana\u2019s industrial growth, Taiwan\u2019s leading business conglomerate, Elegance Group, has announced plans to develop a world-class Technology and Industrial Park (ITIP) in Hyderabad Future City. With an investment of \u20b92,000 crore, this will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25,14,15,267,29],"tags":[1857],"class_list":["post-22460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-international","category-national","category-tech","category-telangana","tag-taiwanindia-hyderabadfuturecity-industrialpark-makeintelangana-fdi-techmanufacturing-electronicshub-solarindustry-investmentnews-telanganagrowth"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Taiwan\u2019s \u20b92,000 Cr Industrial Park Coming to Hyderabad Future City! - VGlobe News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vglobenews.com\/?p=22460\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taiwan\u2019s \u20b92,000 Cr Industrial Park Coming to Hyderabad Future City! - VGlobe News\" \/>\n<meta property=\"og:description\" content=\"Taiwan Industrial Park to be Established in Hyderabad Future City with \u20b92,000 Crore Investment Hyderabad, March 20: In a significant boost to Telangana\u2019s industrial growth, Taiwan\u2019s leading business conglomerate, Elegance Group, has announced plans to develop a world-class Technology and Industrial Park (ITIP) in Hyderabad Future City. 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