Taiwanese businesses look to India as alternative to China
Beijing-Washington trade war pushes companies into newer markets
22 September 2019 - 17:56
New Delhi — Taiwan is pitching India as a potential business destination to its tech, automotive, renewable energy and farm sector firms as the US’s trade war with China has pushed its companies to look for newer markets, two officials said on Friday.
More than 10,000 Taiwanese companies, including Apple suppliers Foxconn and Wistron, have massive operations in China, thanks to its tax incentives, organised supply chain and logistics, efficient business parks and cultural ties to the island...
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