Taiwanese team visits Mohali, Gujarat to identify sites for semiconductor units
NEW DELHI: A delegation of semiconductor makers from Taiwan visited Chandigarh and Gujarat this week as part of an exercise to identify potential sites for setting up units in India, people close to them said on Wednesday. folder.
The team, which was led by Taiwanese officials, visited the smart city of Dholera in Gujarat and the Semiconductor Laboratory (SCL) in Mohali during their four-day visit, the people said. The team also had meetings with Indian authorities, who briefed members of the Government of India’s Semiconductor Mission, announced last December, which provides for Production Linked Incentives (PLIs) worth ₹76,000 crore or around $10 billion for the entire supply chain.
There has been no official word from either side on the delegation’s visit. An Indian government official said on condition of anonymity that New Delhi welcomes all foreign investment in accordance with the country’s laws and Taiwan is no exception.
India has business relations with Taiwan and, for example, there is a Memorandum of Understanding between the Ministry of Agriculture and the Taipei Economic and Cultural Center of Taiwan for cooperation in the fields of agriculture , horticulture, animal husbandry, fishing and food processing, the official said.
Taiwan is essential to the global semiconductor supply chain. Powerchip Semiconductor Manufacturing Corporation (PSMC), the world’s sixth-largest contract chipmaker and Taiwan’s third-largest, was part of the delegation.
HT first announced on July 21 that Taiwan would send a delegation of semiconductor manufacturers to India to advance cooperation in the crucial sector, including possible collaboration under the PLI program for large-scale electronics manufacturing. ladder.
The visit of the Taiwanese delegation followed two visits from the Indian side and several meetings held since last year to discuss collaboration in the manufacture of chips necessary for electronic items, communication devices, health care systems and to motor vehicles, people familiar with the matter said.
The visit helped Taiwanese companies gain first-hand knowledge of possible sites for setting up units in India and other local conditions, a second person said.
India and Taiwan previously held talks that tied a free trade deal to the establishment of a semiconductor manufacturing hub in the country. Last year, the two sides set up four groups that focused on establishing a semiconductor center, training the highly skilled workforce needed for the industry, an agreement to bilateral investment and free trade agreement.
“Successful efforts have been made in the past in this direction. A high-level Indian delegation attended the India-Taiwan SME Development Forum in Taipei in November 2018,” the official said.
“Taiwanese companies are welcome in India for investment and technology transfer in sectors such as electronics, auto components and automotive,” the official added.
India exports naphtha, minerals, refined copper cathodes, ferrochrome, zinc, aluminum and pig iron to Taiwan, and imports polyvinyl chloride, alloy steel flat-rolled products, circuits integrated electronics, machine accessories, solar cells, digital cameras and voice transmission machines.
India and Taiwan established representative offices in each other’s capitals in 1995. A second Taipei Economic and Cultural Center was established in Chennai in 2012. Taiwan is India’s 16th largest trading partner and trade annual bilateral is worth about $7 billion.