By FMTeam You see, it is true that India formally doesn’t recognize Taiwan as an actual country, but that doesn’t mean there is no trade and business being done between these leading democracies in the Asia region. There are actually many Taiwanese companies and businesses capturing market share in different segments of the Indian market. And if you want to know about that by going a little bit in-depth then you shouldn’t be missing out on today’s post. Here we are about to share the list of the top 10 leading Taiwan Companies in India as of 2024. So, let’s get to the list right away, shall we?
1. Foxconn
First of all, do you even know that Foxconn is actually a huge electronics company that has huge plants in Tamil Nadu and Andhra Pradesh? It is known around the world for working with names like Apple and Xiaomi. For example, the Sriperumbudur plant is very busy and makes high-end iPhones like the XR and 11. This year though, Foxconn is making a big move by spending a huge $1.5 billion to increase production in the United States and depend less on China, you know? With plans to add 6,000 new jobs, they’re not only growing their tech business; they’re also becoming a big player in India’s manufacturing scene, that’s for sure.
2. Pou Chen
Pou Chen is getting ready for a big play in India by stepping into the shoe business. How exactly though? Well, this Taiwanese giant is building a new factory in Tamil Nadu with $281 million. It is known for making shoes for big brands like Nike and Adidas. Think about it for a sec though: 20,000 new jobs over the next 12 years! That’s a big impact! The reason Pou Chen chose to set up shop here isn’t just to grow, you know, it’s also a nod to India’s growing importance as a global manufacturing hub.
3. Gogoro
You could change out the battery in your scooter instead of waiting for it to charge. That is the new idea that Gogoro is bringing to Indian roads, you know? Gogoro is known for its cutting-edge battery-swapping technology and stylish electric scooters. The CrossOver GX250 is the company’s first ride in India, and it is aimed at business customers in busy places like Delhi and Goa. But that’s just the start. By working with local companies like Zypp Electric, Gogoro isn’t just offering scooters, they’re also leading India’s move toward cleaner, more efficient ways to get around.
4. Acer
Acer makes everything from gaming computers to air purifiers that are high-tech for the home, and you know that already, right? This worldwide leader in electronics is expanding its reach in India, both with its well-known Predator and Nitro lines and with a new line of household electronics called Acerpure. Along with Dixon Technologies, Acer is working for more manufacturing to happen in India, which is in line with the “Make in India” slogan for sure. Acer makes cutting-edge goods that are sure to impress, whether you’re a serious gamer or just want to get better tech.
5. ASUS
If you want to buy a good-budget laptop in India, there is no way you can miss past Asus and consider some other generic brand. And yes, ASUS makes high-quality gaming laptops for a specific group of people, with the Republic of Gamers (ROG) line being the best. And now that Eric Ou is the new Country Head, ASUS is putting even more effort into the Indian market this year. What was their plan? Give people cutting-edge technology in stylish, new ways, like the ZenBook Duo’s two screens or the powerful Zephyrus line. That’s what!
6. HTC
Do you remember the good old days when everyone was quite eager to get their hands on HTC phones in India? Well, the good news is they’re coming back to India, and it’s going to be amazing. HTC is getting back into the market with the much-anticipated U24 series after taking a break because of tough competition, you know? And yes, to get the attention of tech-savvy Indian customers, these new models offer cutting-edge features like the Snapdragon 7 Gen 1 chipset.
7. MediaTek
MediaTek is an important part of India’s digital growth because it makes many of the gadgets you love, that’s for sure. MediaTek is known for its powerful Dimensity series chipsets. Its technology powers many iPhones, giving millions of people access to 5G and AI, right? But they have an effect on more than just electronics. MediaTek actively backs India’s efforts to become tech-independent, which are in line with programs like the Production Linked Incentive (PLI) plan.
8. Pegatron
You can’t miss the name Pegatron when it comes to putting together iPhones. This Taiwanese company is an important part of Apple’s supply line in India. It has a big plant near Chennai. But there’s more on the way: Pegastron is in talks with the Tata Group about a possible partnership in which Tata would own most of Pegastron’s Indian businesses, you know? This deal would change everything, and it fits in nicely with India’s “Make in India” plan.
9. Quanta Computer
Quanta Computer is the star behind the scenes of Apple Watches and MacBooks, and it wants to make its next big move right here in India. Quanta is looking into the idea of setting up a manufacturing base in India. Though, at the moment, most of their work is done in China. This change is part of a larger plan to broaden the company’s business in a time of global uncertainty.
10. Taiwan Semiconductor Manufacturing Company (TSMC)
When it comes to electronics, TSMC is clearly the leader, and they’re looking at India as a way to grow strategically down the line. The Indian government has been trying to get TSMC to build factories in India. If they do, it could greatly improve India’s chip manufacturing skills. India wants to protect its tech future in the face of problems in the global supply chain, and this possible relationship is part of that plan. Without a single doubt, India could become a major player in the world market for semiconductors if TSMC goes ahead with these plans.
Conclusion
There you have it. These are by far the biggest and leading Taiwanese companies working at full pace in India and possibly strengthening the relations with the Indian government. That’s for sure.