In a significant move, Taiwan has signed a Memorandum of Understanding (MoU) with India to invite Indian workers to explore job opportunities in its semiconductor hub. This collaboration comes as Taiwan faces a shortage of human resources in critical sectors, exacerbated by its ageing population.
The semiconductor industry, vital to Taiwan’s economy, is experiencing a growing demand for skilled workers. By inviting Indian workers, Taiwan aims to address this shortage and strengthen its semiconductor sector.
The initiative also holds strategic importance, especially amidst Taiwan’s strained relations with China. Taiwan’s upcoming President, Lai Ching-te, known for his staunch anti-China stance, further underscores the significance of this development.
The MoU signifies a new chapter in India-Taiwan relations, offering Indian workers a chance to contribute to Taiwan’s semiconductor industry while fostering closer ties between the two nations.