Taiwan’s Sera Network to Invest $35 Million in Telangana, Boosting High-Tech Manufacturing
Taiwan-based Sera Network, in partnership with Hyderabad’s Resolute Appliances, will establish an electronics manufacturing unit in Kongarakalan E-City, Telangana, with an investment of ₹3 billion (USD 35 million). The facility will produce advanced data center switches, 5G technology equipment, and other high-tech electronic components. The Telangana government has allocated 10 acres for the project, which is expected to generate around 2,000 jobs, strengthening the region’s technology ecosystem. Meanwhile, Telangana awaits central government approval for three semiconductor investment proposals, complementing its ongoing efforts to expand its electronics manufacturing clusters.
This development underscores Telangana’s emergence as a key hub for electronics and semiconductor manufacturing, offering lucrative opportunities for global investors. With Hyderabad-based ASIP and South Korea’s APACT proposing a ₹9 billion OSAT facility in the state, Telangana is positioning itself as a competitive destination for high-tech industries. For non-Indian companies, the region’s policy support, infrastructure, and skilled workforce make it an attractive location for expanding operations in India’s rapidly growing electronics sector.
https://evertiq.com/news/2025-03-24-taiwans-sera-network-to-invest-35-million-in-telangana
Editor’s Note: Taiwan’s Sera Network, in partnership with Hyderabad’s Resolute Appliances, will invest ₹3 billion (USD 35 million) to set up an electronics manufacturing unit in Kongarakalan E-City, Telangana, producing advanced data center switches, 5G equipment, and high-tech components. The project, spanning 10 acres, is expected to create around 2,000 jobs, boosting Telangana’s tech ecosystem. This move, alongside pending semiconductor proposals, highlights Telangana’s growing appeal as a hub for electronics and semiconductor manufacturing.
Taiwan’s Eliance Group to Invest ₹2,000 Crore in Hyderabad’s Future City
Taiwan’s Eliance Group is set to establish a world-class Technology and Industrial Park (ITIP) in Hyderabad’s Future City with an initial investment of ₹2,000 crore. The Telangana government has allocated 15 acres in Kongarakalan’s electronics park for the project, with Taiwanese firms requesting an additional 250 acres to expand industrial operations. The park will focus on electronics and solar equipment manufacturing, with production expected to begin within three years. Minister for IT and Industries, Duddilla Sridhar Babu, assured that skilled personnel would be provided through the Young India Skills University, strengthening the local workforce for high-tech industries.
This initiative reinforces Taiwan-India economic relations and highlights Telangana’s appeal as a manufacturing hub for international firms. With Taiwan’s commitment to building a ‘Formosa Town’ for its experts and the state’s proactive support for foreign investment, the project presents an attractive opportunity for global companies looking to expand in India’s electronics and renewable energy sectors. The state’s infrastructure, policy incentives, and skilled labor force make it a competitive destination for high-tech industrial investments.
https://www.siasat.com/taiwans-allegiance-group-to-establish-itip-in-hyderabads-future-city-3197547
Editor’s Note: Taiwan’s Eliance Group will invest ₹2,000 crore to establish a Technology and Industrial Park (ITIP) in Hyderabad’s Future City, focusing on electronics and solar equipment manufacturing. The Telangana government has allocated 15 acres, with Taiwanese firms seeking an additional 250 acres for expansion, and production is expected to start within three years. This project strengthens Taiwan-India economic ties and highlights Telangana’s growing appeal as a hub for high-tech investments.
Foxconn to Begin AirPods Production in Telangana, Strengthening India’s Role in Apple Supply Chain
Taiwanese electronics giant Foxconn is set to commence commercial production of Apple’s AirPods from April at its upcoming facility in Kongara Kalan, Telangana, making it the second ‘Made in India’ Apple product after iPhones. The first phase of the plant is complete, with Foxconn investing nearly ₹2,500 crore and creating over 13,000 direct and indirect jobs. A formal inauguration is expected soon, pending the visit of Foxconn Chairman Young Liu. Reports indicate that small-scale manufacturing of basic AirPods models has already begun, with initial shipments targeted at markets in the US and Europe before expanding to the domestic market.
This development marks a significant boost to India’s electronics manufacturing sector and highlights Telangana as a rising hub for global tech investments. With Foxconn Interconnect Technology committing over ₹4,760 crore for the plant’s first phase and plans to create 25,000 jobs once fully operational, the project signals growing opportunities for non-Indian companies in India’s expanding supply chain. As India strengthens its position in global electronics manufacturing, foreign firms can benefit from its skilled workforce, policy incentives, and strategic market access.
Editor’s Note: Foxconn will begin commercial production of Apple’s AirPods in Telangana from April, marking the second ‘Made in India’ Apple product after iPhones. The ₹2,500 crore facility in Kongara Kalan has created over 13,000 jobs, with initial shipments aimed at the US and Europe before expanding domestically. This project strengthens India’s electronics manufacturing sector and positions Telangana as a key hub for global tech investments.
India to Let $23 Billion Manufacturing Incentive Program Expire Amid Mixed Results
The Indian government has decided to let its $23 billion Production-Linked Incentive (PLI) scheme lapse, with no extensions or expansions beyond the 14 pilot sectors, despite requests from participating firms. Launched to boost domestic manufacturing and reduce reliance on China, the scheme attracted over 750 companies, including Foxconn and Reliance Industries. However, only 37% of the targeted production value was achieved, and less than 8% of the allocated incentives were disbursed. While the program spurred rapid growth in pharmaceuticals and mobile phone manufacturing, other sectors such as steel, textiles, and solar energy lagged behind due to delays in investments and regulatory hurdles. The government is now considering alternative strategies, including reimbursing capital investments more directly.
For non-Indian companies, the end of the PLI scheme signals a shift in India’s manufacturing incentives strategy. While challenges remain, sectors like electronics and pharmaceuticals continue to thrive, making India a competitive option for global supply chain diversification. With growing geopolitical tensions and the need for a “China-plus-one” strategy, foreign firms can still leverage India’s large workforce, improving infrastructure, and policy adjustments to establish a strong presence in the market.
Editor’s Note: India will let its $23 billion Production-Linked Incentive (PLI) scheme expire, as it achieved only 37% of its targeted production value and disbursed less than 8% of allocated incentives. While the program boosted sectors like pharmaceuticals and mobile phones, others like steel and textiles faced delays and regulatory challenges. The government is now exploring alternative strategies, but India remains a competitive hub for global manufacturing due to its workforce, infrastructure, and policy support.
India Imposes Anti-Dumping Duties on Chinese Goods to Boost Domestic Manufacturing
In a bid to protect its domestic industries, India has imposed anti-dumping duties on five Chinese products, including vacuum-insulated flasks, aluminium foil, and key industrial materials. The Commerce Ministry’s decision, effective from March 17, follows a two-year investigation revealing that certain Chinese imports were being sold below market rates, negatively impacting Indian manufacturers. The duty on vacuum-insulated flasks stands at $1,732 per tonne for five years, while other products such as aluminium foil and polyvinyl chloride paste resin face similar levies. Indian manufacturers, like Chennai-based Rakesh Jain, see this as a crucial opportunity to expand production and compete more effectively against low-cost Chinese imports. However, concerns have emerged about rising consumer prices, with retailers already witnessing a 10% price surge in affected goods.
For non-Indian companies, these measures signal India’s growing protectionist stance amid global trade shifts. With rising geopolitical tensions and potential retaliatory tariffs from the US, India is fortifying its manufacturing base to reduce dependence on imports. While these duties create opportunities for domestic and foreign firms investing in Indian production, companies reliant on Chinese supply chains may face increased costs and logistical challenges in the Indian market.
Editor’s Note: India has imposed anti-dumping duties on five Chinese products, including vacuum-insulated flasks and aluminium foil, to protect domestic industries from unfair pricing. The move, effective from March 17, aims to boost local manufacturing but has raised concerns about higher consumer prices. For foreign companies, it signals India’s growing protectionist stance and potential challenges in managing supply chains reliant on Chinese imports.
Taiwan Seeks Free Trade Pact with India to Boost Semiconductor and ICT Ties
Taiwan’s Deputy National Security Adviser, Hsu Szu-Chien, has emphasized the need for a free trade agreement (FTA) between India and Taiwan to facilitate greater investments in high-tech sectors, including semiconductors and ICT. Speaking at the Raisina Dialogue in New Delhi, Hsu highlighted Taiwan’s expertise in semiconductor manufacturing and India’s demographic advantages, suggesting a strategic partnership to reduce India’s reliance on Chinese imports. He noted that Taiwan, which produces nearly 70% of the world’s semiconductors, could help India develop its domestic electronics industry, addressing its massive trade deficit with China. Taiwanese companies are already shifting production bases out of China due to geopolitical tensions, and a trade pact would lower tariffs, making India a more attractive investment destination.
For non-Indian companies, this development signals potential supply chain diversification opportunities. With India emerging as a manufacturing hub under its “Make in India” initiative, global firms sourcing electronic components or semiconductors could benefit from reduced dependence on China. A strengthened India-Taiwan economic partnership could also lead to increased foreign investments in India’s growing tech sector, offering alternatives for companies looking to mitigate risks tied to ongoing US-China trade tensions.
Editor’s Note: Taiwan’s Deputy National Security Adviser, Hsu Szu-Chien, has called for a free trade agreement with India to boost investments in semiconductors and ICT, reducing reliance on Chinese imports. Taiwan’s semiconductor expertise, combined with India’s demographic advantages, could strengthen domestic electronics manufacturing and address the trade deficit with China. For global firms, this potential pact offers opportunities for supply chain diversification and increased tech sector investments in India.