There are massive investment opportunities from Taiwan, with an anticipated USD 15 billion influx in five manufacturing sectors, as per the report from FICCI. Based on the report, named Unlocking the Potential, the Advantages of India as a Partner for Taiwanese Businesses, emphasizes the strategic partnership between India and Taiwan, especially in industries set for strong expansion.

The five key sectors identified include printed circuit boards (PCBs), electronic components (including passive devices and semiconductors), electric motors, CCTV cameras, and smart healthcare devices like fitness trackers and heart rate monitors, along with EV charging infrastructure. By 2030, the total value of the target market for these industries in India is expected to reach USD 60 billion, with a projected market demand of USD 170 billion. This provides a profitable opportunity for Taiwanese manufacturers seeking to enter local and global markets.

As per the FICCI report, it showcases the advantages of increased collaboration, allowing Taiwanese businesses to take advantage of India's fast economic expansion and share their advanced technological knowledge. India is becoming more appealing to Taiwanese companies looking to expand worldwide thanks to initiatives like the India Semiconductor Mission (ISM) and the Production-Linked Incentive (PLI) scheme, as well as advancements in infrastructure and logistics.

The report shows that India plays a crucial role as a de-risking strategy for Taiwanese electronics companies across the supply chain, positioning it as a key ally in managing global supply chain difficulties. India is in a favorable position compared to many Southeast Asian nations due to Taiwan's emphasis on long-term sustainability and resilience.