According to the report, one of India’s key aspirations is to collaborate with Taiwan in order to achieve its manufacturing goals. India believes that Taiwan’s expertise in semiconductor manufacturing, also known as the fabrication or “fab” industry, can significantly contribute to its ambitions. Taiwan is globally recognized as a leader in semiconductor manufacturing, with companies like TSMC (Taiwan Semiconductor Manufacturing Company) known for their advanced technology and high-quality products. By strengthening its ties with Taiwan, India can not only achieve its manufacturing goals but also maintain a strategic advantage in the region. Taiwan’s expertise in semiconductor manufacturing can help India position itself as a reliable alternative to China.

Source: Economic Times August 12, 2023 23:11 UTC