Ministry of Economic Affairs

Collaborative initiatives with Taiwan will assist India in boosting its domestic economic growth

Collaborative initiatives with Taiwan will assist India in boosting its domestic economic growth

New Delhi, [India], July 11, 2024: In recent years, bilateral collaboration between Taiwan and India has not only boosted economic growth but also helped both countries to be attractive destinations for investment and development. The Taiwan Expo is one of the key initiatives that play an important role in creating a platform that facilitates bilateral trade relations between the two countries. Due to India becoming a regional manufacturing hub, the effectiveness of supply chain relocation to this area is significant. From January to May 2024, the highest export from Taiwan to India was in chips, amounting to $1.18 billion, a…
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