Telangana

Taiwan’s Sera Networks to invest Rs 300 cr for facility in Telangana

This project is expected to create approximately 2,000 jobs, further enhancing Telangana's status as a key hub for networking and telecom innovation.

Hyderabad: Taiwan-based Sera Networks, in partnership with Hyderabad’s Resolute Appliances, is set to establish a cutting-edge electronics manufacturing facility in Kongarakalan E-City with an investment of Rs 300 crore.

This agreement was finalized during an official visit to Taiwan led by Telangana’s IT and Industries Minister D Sridhar Babu.

The delegation, headed by TGIC Managing Director Vishnuvardhan Reddy, played a crucial role in securing the Memorandum of Understanding (MoU) with Sera Networks, a press release said.

The collaboration will focus on the joint production of advanced data centre switches, 5G technology equipment, and other high-end electronic components on a 10-acre site allocated by the Telangana government in E-City.

This project is expected to create approximately 2,000 jobs, further enhancing Telangana’s status as a key hub for networking and telecom innovation.

This post was last modified on March 23, 2025 11:17 am

Share
News Desk

NewsDesk is our dedicated team of multimedia journalists at Siasat.com, delivering round-the-clock coverage of breaking news and events worldwide. As your trusted news source, NewsDesk provides verified updates on politics, business, current affairs, and more. Stay informed with live blogs and comprehensive reports on key developments across India and around the globe.

Load more...