India and Taiwan are in talks on an agreement that could bring chip manufacturing to South Asia along with tariff reductions on components for producing semiconductors by the end of the year, people familiar with the matter said, a move that may spark fresh tensions with China.

from Times of India https://timesofindia.indiatimes.com/business/india-business/india-accelerates-talks-with-taiwan-on-chip-plant-trade-deal/articleshow/86555096.cms