Investing in India: View from Taipei

There is opportunity but competition is stiff and India needs to liberalise trade policy

In Taipei earlier this month, I had the opportunity to interact with academics, think tanks, and business community representatives on the China plus one global value chain (GVC) diversification strategies and India’s potential as an alternative investment destination, particularly in the semiconductor and chip manufacturing sector. From the discussions, I was left in little doubt that there was a positive interest in the Indian economy, not just because of its good growth performance but perhaps, more importantly, owing to the propitious global and regional conditions. These include the intensification and persistence of the US-China trade and technology tensions and competition