Teema eyes North India expansion: Taiwanese electronic giant might soon enter Uttar Pradesh; plan to establish tech park

UP might soon be home to Taiwan Electrical & Electronic Manufacturers’ Association (Teema)’s technology park as the Uttar Pradesh Yamuna Expressway Industrial Development Authority (Yeida) is emerging as one of the key contenders for the proposed Indian facility, people familiar with the matter said.Foxconn chairman Young Liu, who currently heads Teema, and is part of a broader first-phase plan that includes the US, Mexico and Poland is heading the initiative. Teema is also said to be in discussions with several other Indian states as it evaluates potential locations. “The tech park may come up in the Yeida region, close to Foxconn’s upcoming OSAT (outsourced semiconductor assembly and test) facility,” one of the people told ET. “The Teema plan layout has been designed to be constructed right next to a Foxconn campus. The strategy is simple, to create advanced smart manufacturing hubs in strategic locations worldwide, exporting Taiwan’s successful technology park experience.” The project focuses on the creation of an AI-integrated and ESG-focused global manufacturing network and is being led by V Lee, former India head of Foxconn, the people cited said. The aim is to improve the global competitiveness of Taiwanese companies while speeding up the international expansion of Taiwan’s electronics supply chain. Taiwanese engineering, procurement and construction company CTCI is collaborating on the project along with Foxconn. “As nations strive for economic growth, the development of Teema Technology Parks become crucial to help Taiwanese companies expand globally and manage supply chain challenges and geopolitical risks,” ET reportedm citing one person familiar with the matter. “The entire initiative aims to combine Foxconn’s experience in high-tech manufacturing and supply chain integration with CTCI’s strength in large-scale engineering turnkey projects and project management to create internationally competitive and sustainable industrial clusters overseas.” The global technology park strategy was announced on November 21, when Foxconn and Teema said they would jointly develop manufacturing hubs in the US, India, Mexico and Poland. They noted that the ongoing restructuring of global supply chains and the growing focus on local manufacturing were prompting Taiwanese companies to seek overseas production bases and transshipment hubs to preserve export flexibility and competitive advantage. According to the announcement, the initiative is also intended to drive industrial internationalisation by enabling small and medium enterprises (SMEs) to enter global supply chains through the overseas expansion and technological capabilities of larger companies. This includes encouraging large Taiwanese firms to lead smaller players in building supply chains abroad, reducing trade barriers and supporting international growth. Teema had also said it was collecting data on key markets across North America, Europe and Asia and working on overseas expansion strategies for each of the four identified countries. In the first phase, supply chain integration platforms will be set up in all four locations, with the initial technology park planned for Sonora in Mexico.According to an ET report in April, Foxconn was evaluating around 300 acres along the Yamuna Expressway in Greater Noida, Uttar Pradesh, for its first manufacturing facility in north India. The proposed site is close to the land acquired by HCL-Foxconn for an outsourced OSAT facility. However, those plans were later put on hold after tariffs announced by US President Donald Trump came into effect. While the current status of Foxconn’s north India project remains unclear, Teema may be considering the Yeida region due to its proximity to the upcoming Jewar airport. The location would Taiwanese companies an opportunity to expand into a new region, as most of their Indian manufacturing operations are currently based in southern states.