Why India is a ‘good choice but not the first choice’ for Taiwan companies

BENGALURU - The Indian government has rolled out the red carpet for investors from Taiwan in

its bid to become a global manufacturing hub

that rivals China, offering subsidies, cheap land and incentives to attract semiconductor and electronics manufacturers to the South Asian nation.

However, India’s efforts to woo Taiwanese firms that are looking to diversify their operations outside the Chinese mainland have run into hurdles such as infrastructure gaps, bureaucratic delays and competition from Vietnam and Thailand.