VOI World/ Desk
Taiwan is aiming to double its exports of chips and electronics to India over the next 5–7 years, driven by rising U.S. demand for smartphones, according to James C. F. Huang, chairman of Taiwan’s External Trade Development Council.
India’s smartphone exports to the U.S. have already surged – up nearly 40% year-on-year, reaching about $8.43 billion in the first five months of FY 2026. Huang noted that electronics are now a leading driver of India-Taiwan trade.
So far, Taiwanese firms have invested approximately USD 5 billion in India’s manufacturing sector. A notable collaboration includes Powerchip Semiconductor joining hands with Tata Electronics to build a chip plant in Gujarat under a USD 11 billion project. Foxconn has also committed about USD 1.5 billion toward expanding its Indian operations.
Despite potential concerns around U.S. tariffs on Indian goods, Huang expressed confidence that India-Taiwan trade relations will remain resilient, citing India’s large market and growing sectors like electronics, petrochemicals, and textiles.
This shift signals growing confidence in India as a strategic partner in Asia’s tech supply chains, especially as global firms reorient production away from traditional hubs.
