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Taiwan team to assess Rs 80,000 crore semiconductor project in Tirunelveli

Tirunelveli District Chamber of Commerce and Industry president Gunasingh Chellathurai said three Taiwanese companies are planning to explore investment opportunities in both districts with a proposed investment of Rs 80,000 crore

DT NEXT Bureau

TIRUNELVELI: An eight-member delegation from Taiwan will arrive in Tirunelveli on Monday to explore industrial opportunities in Tirunelveli and Thoothukudi districts.

Speaking to reporters, Tirunelveli District Chamber of Commerce and Industry president Gunasingh Chellathurai said three Taiwanese companies are planning to explore investment opportunities in both districts with a proposed investment of Rs 80,000 crore.

As part of the preliminary exercise, the delegation will assess industrial infrastructure, drinking water availability, road connectivity, export potential, air connectivity, and the industries already operating in the region. The team will visit industries at Gangaikondan and Thoothukudi SIPCOT on Monday and Tuesday.

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