India frames its chip build-out as redundancy for the world, and Taiwan as its partner in building it

India's chip strategy is framed as a move to diversify global supply chains, directly challenging Taiwan's central role in the semiconductor ecosystem. This shift will prompt Taiwanese suppliers of materials, gases, equipment, and packaging to expand production capacity in India, transforming the country from a distant market into a key manufacturing base. Compliance and risk assessments reveal that companies will face increased operational costs and supply chain vulnerabilities, especially amid geopolitical tensions. Competitors like South Korea and Singapore may accelerate investments in India to capture market share. Over the next 12 to 24 months, global chip production will undergo structural realignment, with India emerging as a major manufacturing hub after Taiwan and South Korea. Taiwan must navigate the delicate balance between maintaining global competitiveness and managing geopolitical risks.