Taiwanese electronic manufacturer Wistron Corporation will invest $181 million to set up a laptop manufacturing unit in Karnataka, the state government said.
The company has signed a non-binding memorandum of understanding (MoU) with the Karnataka government, committing ₹1,500 crore ($181 million) for a new plant.
The company has sought 32 acres of land to set up a plant, said the state’s large and medium industries minister, M B Patil. The government is considering providing the required land near Bengaluru.
Once this plant is built, it will be the first unit to manufacture laptops in Karnataka. This fully automated plant will comply with industry 4.0 standards and make laptops for all brands, the government said.
Wistron will begin its work in July and manufacture laptops by January 2026. Nearly half of the laptops manufactured at the factory will be exported.
The manufacturing unit is expected to create 3,000 jobs.
Wistron, a technical service provider, designs and manufactures products for other companies to sell under their brand name. The company provides design, manufacturing, and after-sales support services for notebook PCs, desktop systems, server and storage systems, information appliances, handheld devices, networking, and communication products.
Earlier in November last year, Wistron sold its Apple iPhone manufacturing operations in India to Tata Group in an estimated $125 million deal.