Taiwanese are coming…

Listen to this article

I notice an increasing interest by Taiwan in investing in India. Remember the initiative of Gopal Srinivasan in the early 2000s, in focusing on Taiwan in CII’s annual Connect events on the ICT sector?
Taiwan has been making great use of mainland China for setting up factories that employ in thousands for volume production of electronics and other goods. With increasing costs of labour in China as also on political considerations, Taiwan’s attention seems to be turning towards India.
IE presents in this issue, two of the Taiwaneese firms – Foxconn and Feng Tay – setting up large f actories in Tamil Nadu. I notice more such companies investing in India.
Leading interior decorator Ravi Subramanian, who recently visited Taiwan, confirms interest on the part of several Taiwaneese companies to set up shop in India. He referred to one such, Wistron to manufacture select models of i-Phone and electronic components at Narasapura in the Kolar district of Karnataka. In Phase I, Wistron will invest Rs 650 crore and employ 2500. The company plans to expand employment to 10,000 with a total investment of Rs 3000 crore to produce 100 million cell phones per annum.

Latest

Kitex Garments as many suitors but not In Kerala  

The latest flare-up owes its origin to Andhra Pradesh...

Why AM/NS project moved to AP ?

ArcelorMittal Nippon Steel India, a joint venture between ArcelorMittal...

Warflation adds to woes of economy

As tensions between Israel and Iran have escalated dramatically...

EQS 580 4MATIC Celebration Edition of Mercedes launched

Priced at ₹1.30 crore (ex-showroom, all-India), the ‘Celebration Edition’...

Newsletter

Don't miss

Kitex Garments as many suitors but not In Kerala  

The latest flare-up owes its origin to Andhra Pradesh...

Why AM/NS project moved to AP ?

ArcelorMittal Nippon Steel India, a joint venture between ArcelorMittal...

Warflation adds to woes of economy

As tensions between Israel and Iran have escalated dramatically...

EQS 580 4MATIC Celebration Edition of Mercedes launched

Priced at ₹1.30 crore (ex-showroom, all-India), the ‘Celebration Edition’...

PIN generation: IOB launches Tamil portal

The initiative caters specifically to Tamil-speaking users, offering a...

Kitex Garments as many suitors but not In Kerala  

The latest flare-up owes its origin to Andhra Pradesh Chief Minister Chandrababu Naidu's decision to send his Textile Minister S Savitha to Kerala to...

Why AM/NS project moved to AP ?

ArcelorMittal Nippon Steel India, a joint venture between ArcelorMittal and Nippon Steel established in December 2019 after acquiring Essar Steel, has planned to set...

Warflation adds to woes of economy

As tensions between Israel and Iran have escalated dramatically since April 2025, the resulting surge in regional instability is reverberating across global markets. What...