Taiwanese Investment in India

How Taiwanese companies like Foxconn, Pegatron, Wistron and PSMC are investing in India's electronics and semiconductor industries, and the growing economic ties.

Taiwanese firms are becoming important investors in India.

Electronics

Foxconn: iPhone assembly in Tamil Nadu and expansions elsewhere.
Wistron: its Karnataka iPhone plant was bought by the Tata Group in 2023.
Pegatron: sold a majority of its India unit to Tata in 2024-25.

Semiconductors

PSMC partners with Tata on India’s first commercial fab at Dholera.

Why India

Diversifying from China.
Large domestic market.
PLI incentives.

Ties

Taiwan and India lack formal diplomatic relations but have economic offices.
Talks on labour mobility for Indian workers in Taiwan began around 2024.

Challenges

Cultural and bureaucratic adjustments.
Supply chains still dependent on China.

The Tata handover

Wistron's iPhone factory in Karnataka became part of Tata, making Tata the first Indian company to assemble iPhones.

Thinking India's electronics boom is purely domestic

Taiwanese firms are key investors and partners.

Key takeaways

Foxconn, Wistron and Pegatron invested in Indian electronics.
Tata bought Wistron's and Pegatron's India plants.
PSMC partners with Tata on the Dholera fab.
Diversification from China drives investment.