Read the article “Attracting Taiwanese Businesses to India” authored by Partner and Head – China Desk, Santosh Pai published in TAEF (Taiwan-Asia Exchange Foundation) Research Series 006 – Taiwan and India Strategizing the relations.
“With India joining the long line of countries seeking to reduce dependency on Chinese imports, synergies with Taiwan have surfaced prominently on the radar of decision makers in New Delhi. Production Linked Incentive (PLI) schemes across 13 sectors are the main plank of India’s roadmap to self-reliance. In addition to this, a proposed US$ 760 billion (76,000 crore) incentive package for the semiconductor industry will be the icing on the cake for Taiwanese companies. Several other ingredients for a more productive economic relationship already exist.”
Read the full article here.