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Gouttephone Technology Private Ltd., will set up touch screen panel unit
Monday, November 27, 2017
Gouttephone Technology Private Ltd., will be setting up a world-class touch screen panel production plant in Visakhapatnam in collaboration with Taiwanese leading R&D house with an investment of $76 million.
The company has identified five acres land at Special Economic Zone and signed an MoU with Andhra Pradesh Economic Development Boar. The unit once commissioned will produce 1.5 million touch screen panels per annum and create 250 direct and 50 indirect jobs.
APEDB will provide necessary support to the project proponent in expediting the establishment of the project by getting the required approvals. The project is scheduled to be commissioned in the second half of next year.
As per the MoU, the project proponent will commit to input its respective strengths and advantages in terms of investment, technology, planning and design and equipment into setting up the project.