Taiwan’s Bestec Group plans to invest Rs 200 cr in Karnataka, 5,000 direct jobs expected

Bengaluru: Taiwan-based Bestec Group has expressed interest in establishing a manufacturing unit near Bengaluru, at an outlay of Rs 200 crore that could generate 5,000 jobs, Karnataka Minister M B Patil said on Tuesday.

Patil, who holds the Medium and Large Industries portfolio, held a meeting with Bestec Group Chairman Mike Chen and Vice Chairman Teresa Dong on Tuesday. The Minister said in a statement that he assured full support of the state government to facilitate the company’s plans.