Semiconductors, township & beyond, Taiwan keen to ‘deeply engage’ with India

From building an exclusive township to setting up a massive semiconductor facility, Taiwan is looking to substantially increase its footprint in India even as ties between New Delhi and Beijing remain tense.

These issues were discussed during the ongoing visit of Taiwan’s deputy minister of economic affairs Chern-Chyi Chen to India. The annual meeting is hosted alternately by the two countries.

“India can be the best production place for us. India’s policy of Make-in-India is fully in line with my government’s policy … Our companies will rely on horizontal collaborations [with Indian companies],” the minister said Thursday during an event jointly organised by the Chinese National Federation of Industries and its Indian counterpart FICCI.

“We work with local partners …We are heavily dependent on the Indian government to help us invest here,” he said, adding that India will be given priority in Taiwan’s ‘New Southbound Policy’. ThePrint