06 Oct Taiwan Semiconductor Chips: India looks at Taiwan for semiconductor chips biz to block China’s entry in its strategic tech sector
Synopsis
After tightening its noose on Chinese tech firms like Huawei, the Centre is going all out to woo Taiwanese firms like Foxconn and TSMC. This time support has come from the likes of Vedanta and Tata who are keen to collaborate with Taiwanese tech firms. Experts believe this is a win-win for both India and Taiwan. But is it that easy?
Taiwan seems to be caught between the devil and the deep blue sea. When Nancy Pelosi visited Taiwan in August, it found itself dragged into the rivalry of two big powers — China and the United States. Faced with a tough choice, where geopolitical tensions were rising by the day, Taiwan has turned towards India. On the other hand, India feels confident to nurture a relationship with Taiwan. Taipei believes investing in its business relationship
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal Ads
Comment & Engage with ET Prime community 
Exclusive invites to Virtual Events with Industry Leaders 
A trusted team of Journalists & Analysts who can best filter signal from noise 
Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-