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Taiwan firms shift supply chains to India from China: Trade body chief

By Economic Times - 4 months ago
Taiwanese firms are relocating supply chains from China to India as economic ties strengthen amid global trade tensions. Taiwan's FDI in India surged to over $665 million from 2018-2023, driven by U.S.-China trade conflicts. Key projects include a semiconductor facility with Tata Group, boosting India's manufacturing efforts and bilateral trade.

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