The report, titled 'Unlocking the Potential: The Benefits of India as a Partner for Taiwanese Enterprises', identifies a USD 15 billion investment opportunity for Taiwanese companies in India's expanding electronics and electric vehicle (EV) markets.
The sectors identified include Printed Circuit Boards (PCBs), electronic components such as semiconductors and passive devices, electric motors, CCTV systems, and smart healthcare products, including fitness trackers and heart rate monitors.
The current value of the Indian market in these sectors stands at USD 60 billion. With Taiwan's industry targeting both domestic and export markets, this partnership is viewed as a pathway to significant growth.
By 2030, demand across these five sectors is projected to reach USD 170 billion, highlighting India's attractiveness as an investment destination for Taiwanese businesses.
Diese Geschichte stammt aus der October 13, 2024-Ausgabe von The Business Guardian.
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Diese Geschichte stammt aus der October 13, 2024-Ausgabe von The Business Guardian.
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