Taiwan’s Allegiance Group to invest ₹1,000 Cr in Karnataka

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Taiwan’s Allegiance Group has announced a significant ₹1,000 crore investment to establish the India–Taiwan Industrial Technology Innovation Park (ITIP) in Karnataka. 

The project aims to create a dedicated hub for advanced manufacturing, semiconductor-related industries and smart technology solutions, strengthening India’s growing collaboration with Taiwan in high-tech sectors. The ITIP is expected to boost local employment, attract global supply-chain partners and position Karnataka as a major destination for next-generation industrial innovation.

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