Executive summary
India–Taiwan trade reached a record USD 12.514 billion in 2025, and more than 300 Taiwanese companies had invested in India by the end of that year, according to the Taipei Economic and Cultural Center in India. The relationship now has legal scaffolding — an investment agreement in force since 2019 and a tax treaty since 2011 — and a flagship semiconductor project. For a Taiwanese company, the question is no longer whether the corridor exists, but where a specific project fits inside it. This guide uses official Taiwanese and Indian sources and states plainly where the evidence stops.
Trade is at a record, and it is concentrated
The Taipei Economic and Cultural Center in India reports total bilateral trade of approximately USD 12.514 billion in 2025, up 17.95% from USD 10.609 billion in 2024 and a historical high. India ranked as Taiwan's 15th largest trading partner.
The flow is asymmetric. Taiwan's exports to India were USD 9.212 billion, up 16.74%, making India Taiwan's 11th largest export market. Imports from India were USD 3.302 billion, up 21.46%, making India Taiwan's 21st largest source of imports. A relationship where exports run nearly three times imports is commercially real but narrow: it is driven heavily by electronics and ICT supply chains rather than a broad two-way exchange.
The legal scaffolding is in place
Three instruments matter for planning:
On the ground, Taiwan maintains offices in New Delhi, Chennai (established December 2012) and Mumbai (formally operating since October 2024), and India maintains the India Taipei Association in Taipei. Working-level mechanisms — an annual economic consultation, a CEO roundtable and an industrial collaboration summit — meet regularly; the tenth industrial collaboration summit in Bengaluru in August 2026 produced six cooperation memoranda, according to Taiwan's Ministry of Economic Affairs.
Semiconductors anchor the manufacturing story
The flagship project is the Tata Electronics fabrication plant in Dholera, Gujarat, approved by the Union Cabinet on 29 February 2024 with an investment of about ₹91,000 crore, with Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) providing technology and execution support. The Indian government describes it as the country's first commercial semiconductor fab. Approval is not the same as operation; construction and ramp schedules are project matters.
The incentive framework is the India Semiconductor Mission. Its fab scheme offers fiscal support of 50% of project cost on a pari-passu basis to approved applicants, and the modified programme of September 2022 extended 50% support across technology nodes. Support is application-based and approved case by case; it is not an entitlement.
Talent cooperation is also formalised: in November 2023, eleven Taiwanese universities signed fifty memoranda with forty Indian universities on semiconductor talent training, according to the TECC.
Where Taiwanese investment already sits
Per the TECC, as of end-December 2025 more than 300 Taiwanese companies have invested in India, primarily in electronics, ICT, petrochemicals, steel, footwear, automotive and motorcycle components, finance, shipping and construction. Taiwanese contract manufacturers' India operations are well documented in the press, but company-level investment amounts are not published in an official registry, so treat any specific figure with caution.
What this data does not tell you
Questions to resolve before committing
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