India needs to deepen partnerships with Taiwan and Japan to enhance its semiconductor ecosystem, says Elara Securities. Despite government incentives, major Taiwanese firms remain hesitant about investing in India.

India should deepen its partnerships with countries like Taiwan and Japan to make its presence in the semiconductor ecosystem, says a a report by research firm Elara Securities.

India is required to increase its engagement with countries like Taiwan and Japan to get a better standing in the global semiconductor ecosystem, according to recent reports by Elara Securities. While Taiwan holds 78 per cent of the global output at fab and 53 per cent in the assembly,