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Taiwan's Bestec proposes Rs 200 Cr investment in manufacturing unit near Bengaluru
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Taiwan's Bestec Group has proposed to set up a manufacturing unit near Bengaluru at an investment of Rs 200 crore.
Industries Minister MB Patil announced this after he met Bestec Group chairman Mike Chen and vice chairman Teresa Dong on Tuesday.
The minister assured that the government would provide full support to facilitate the company's plans.
The project is expected to create 5,000 jobs over the next three years as the company gradually invests in the unit.
Bestec is known for producing adapters, C-pins, EV and laptop chargers, and cables, and aims to achieve an annual turnover of Rs 2,500 crore through this planned facility.
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