India-Taiwan Partnership Could Reduce China’s Economic Grip, Says Report

A new report suggests India could help Taiwan reduce its economic reliance on China by leveraging its large market and software expertise. Taiwan's strengths in hardware manufacturing, agrotechnology, and electronics could support India's Make in India and Digital India initiatives. The report highlights concerns over safety and security perceptions affecting labor cooperation and urges Taiwan not to let domestic issues derail ties. Bilateral trade has grown significantly, with recent delegations and agreements boosting cooperation in agriculture, automotive, and electronics sectors.

Key Points: India Could Help Taiwan Cut China Reliance: Report

  • India's software expertise could complement Taiwan's hardware skills
  • Bilateral trade could reduce Taiwan-China economic ties
  • Taiwan's agrotechnology could transform India's agriculture
  • Delegation explored cooperation in automotive, electronics, and smart mobility
2 min read

India could help Taiwan reduce its reliance on China: Report

A new report says India’s market and software expertise can reduce Taiwan’s economic ties with China, boosting bilateral trade and partnerships in manufacturing, agriculture, and tech.

"For Taiwan, the Indian market offers an opportunity to invest at a time when China has become increasingly aggressive. - Taiwan News report"

New Delhi, April 25

Taiwan's huge foreign reserves and expertise in the fields of hardware manufacturing, mine exploration, electronics, food processing and others, could make it a significant partner in India's Make in India, Digital India and Skill India initiatives, a new report has said.

India could leverage its expertise in software and Taiwan could use its hardware skills for a mutually beneficial relationship, the report from Taiwan News said.

Meanwhile, India's huge market could significantly reduce the economic ties between China and Taiwan. Taiwan's agrotechnology could transform India's agriculture as well, the report listed the use cases of the relationship.

"For Taiwan, the Indian market offers an opportunity to invest at a time when China has become increasingly aggressive. Apprehensions about safety and the security of women due to the presence of Indian workers in Taiwan have cast dark clouds over the economic prospects of both sides," the report said.

"It is imperative for Taiwan to understand that India's skilled and unskilled labour force has been a pillar of the global economy. Domestic issues in India should not be used by Taiwan's opposition parties as an exercise to derail the improving ties between New Delhi and Taipei," it added.

The two nations should not allow external powers to negatively impact their bilateral ties and should certainly consider signing a free-trade agreement, the report said.

Taiwan‑India economic ties have strengthened significantly over the past decade, with bilateral trade rising sharply, as Taiwan's representative to India Mumin Chen and India's Director General Ninad Deshpande aims to further elevate bilateral ties

A delegation from the Confederation of Indian Industry visited Taipei on April 13-17 to explore bilateral cooperation in the automotive, electronics, and smart mobility sectors with focus on strengthening supply chain resilience and manufacturing partnerships.

The Mutual Recognition Agreement on Organic Products in 2024 boosted cooperation in the fields of agriculture and other sectors. Further, the Taiwan External Trade Development Council and Taipei Computer Association have established offices in Mumbai, Chennai, Kolkata and Bengaluru to promote trade activities.

- IANS

Share this article:

Reader Comments

S
Sarah B
Interesting strategic angle – reducing Taiwan's economic dependence on China could benefit both sides. But we need to be cautious: aggressive Chinese response could destabilize the region. India should proceed with clear diplomatic signalling.
P
Priya S
The agrotechnology mention caught my attention. Indian agriculture desperately needs modernization – if Taiwan can help with precision farming and food processing, it's a win-win. But the report also raises valid concerns about safety perceptions of Indian workers abroad. We need to address those issues proactively.
K
Kavya N
Yaar, why is Taiwan always portrayed as a tool to counter China? India-Taiwan cooperation should be about mutual economic benefits, not geopolitical chess. The trade numbers are growing organically – let that be the foundation. Also, a safety helpline for Indian workers in Taiwan would help a lot. 🛠️
R
Ravi K
As an Indian working in electronics manufacturing, I see huge potential here. Taiwanese companies bring unmatched hardware supply chains. But Indian bureaucracy needs to improve – licensing and land acquisition delays scare investors. Let's fix our ground issues first before expecting Taiwan to shift heavily from China.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50