India assures Taiwan of policy stability in semiconductor sector

As Taiwanese businesses and government officials take a cautious approach towards India’s semiconductor ambitions, New Delhi has mobilised officials to the island territory bearing a key message: an explicit assurance of policy stability. The Indian Express has learnt that senior officials from the IT Ministry have met with industry executives in Taipei and government officials, to assure them of policy stability, especially with regard to changes in rules governing imports and tweaks in customs duties on inputs.