K'taka govt, Taiwan's Allegiance Group sign MoU to establish industrial technology innovation park
Bengaluru (PTI): Karnataka government on Friday signed an MoU with Allegiance International Co Ltd of Taiwan to establish an Indo-Taiwan Industrial Technology Innovation Park (ITIP) in the state, with a proposed investment of around Rs 1,000 crore.
The MoU was signed by Rahul Sharanappa Sankanur, Director, Department of Electronics, IT, BT and Lawrence Chen, VP, Allegiance Group in the presence of Chief Minister Siddaramaiah, Minister for Electronics, IT & BT Priyank Kharge, and senior officials.
The project will be undertaken by the Allegiance Group with a proposed investment of around Rs 1,000 crore, leading to the creation of about 800 direct jobs via the companies setting up operations in ITIP over a period of 5 years, the IT&BT Minister's office said in a statement.
The ITIP will serve as a dedicated hub for Taiwanese companies in electronics and semiconductors, fostering advanced manufacturing, R&D, and innovation. This collaboration aims to strengthen Karnataka's position as India's leading destination for Electronics System Design and Manufacturing (ESDM) and accelerate the growth of the semiconductor ecosystem in the state.
Key highlights of the MoU include establishment of a world-class industrial park to house Taiwanese firms in electronics and semiconductor sectors; development of a robust supply chain ecosystem for components, PCBs, and chip design; creation of high-value jobs and skill development programmes in collaboration with academic institutions; and promotion of technology transfer and global best practices to enhance India's competitiveness in electronics manufacturing.
CM Siddaramaiah said this partnership marks a significant step towards realising Karnataka's vision of becoming a global hub for electronics and semiconductor innovation.
"The ITIP will attract cutting-edge technology and investments, creating opportunities for our youth and strengthening India's position in the global value chain," he said.
Minister Priyank Kharge said Karnataka has led India's technology revolution and continues to dominate in innovation, deep-tech talent, and semiconductor design.
"This partnership will accelerate our efforts to build a robust electronics and semiconductor ecosystem. We are committed to creating a level playing field and ensuring that Karnataka remains the preferred destination for global investors in advanced technologies," he said.
Lawrence Chen said, "We are excited to collaborate with Karnataka, a state known for its technology leadership. The ITIP will be a catalyst for Taiwanese companies to expand in India and contribute to the growth of the semiconductor and electronics ecosystem."
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Former India hockey coach Michael Nobbs dies
Melbourne (PTI): Former Australian hockey player Michael Nobbs, who coached the Indian men's team at the 2012 London Olympics, has died after a prolonged illness.
He was 72 years old and is survived by his wife Lee Capes, a former Australian women's international and daughter Kaitlin, who is a current Hockeyroos star.
"Hockey Australia extends its deepest condolences to Michael’s family, friends, former teammates, players and all those whose lives and careers were shaped by his contribution to hockey. He will be remembered as a proud Kookaburra, a respected professional, and a servant of the sport," Hockey Australia said in a statement.
Nobbs represented Australia as a defender, playing across the half-back line and at fullback, and was renowned for his reliability, fitness and professionalism. He earned 76 international caps for Australia between 1979 and 1985, scoring one goal, and was a member of one of the strongest eras in Australian men’s hockey, said Hockey Australia on its website in its tribute.
Nobbs was an integral part of the Australian teams that competed at the 1981 Hockey World Cup in Bombay and the 1984 Los Angeles Olympics.
While part of a generation widely regarded as one of Australia’s finest, he consistently held his place through hard work, discipline and trust earned from teammates and coaches, Hockey Australia wrote.
Nobbs took over the coaching of the Indian men's team in 2011 after it had failed to qualify for the Beijing Games in 2008. While India were brilliant in the qualifiers, the team finished last at the London extravaganza which also expedited the Australian coach's sacking.
Apart from India, Nobbs also coached Japan.
