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Sunday, July 2, 2023

Leading Taiwanese firms looking at relocating production bases to India: Policymakers

Leading Taiwanese technology firms are looking at relocating their manufacturing bases to India to bring down their exposure to the Chinese market amid the self-governed island's increasingly tense relations with China. Deputy Minister for Taiwan's National Development Kao Shien-Quey said there is huge scope for collaboration between New Delhi and Taipei in areas of emerging and critical technologies including manufacturing of semiconductors and electronics equipment.

from Economy-News-Economic Times https://ift.tt/Bx8j5mD
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