After Foxconn, Taiwanese contract manufacturing major Wistron to Make in India.

India is on the radar of global electronics manufacturers. After the entry of top contract manufacturer Foxconn, it's the turn of the $20 billion Taiwanese maker Wistron Corp to tap into the country.

Wistron, which makes devices for companies such as Blackberry, HTC and Motorola, has partnered homegrown telecom retailer and manufacturer Optiemus for making mobile devices.

The two companies will be manufacturing the devices at a new factory in Noida in Uttar Pradesh where they are targeting investments of $200 million. 'We will start with an annual capacity of 18 million devices, and plan to ramp this up to 100 million over the next 3-5 years,' Ravinder Zutshi, MD of Optiemus told TOI here. 'The government's 'Make in India' campaign, coupled with the country's growing consumption, makes an excellent case for the Indian manufacturing sector to emerge as a global manufacturing hub across sectors.'

TOI