Posted on February 22 2024
In a significant step fostering more robust connections between India and Taiwan, a Memorandum of Understanding (MoU) was signed on Friday, which opens doors for migrant Indian workers to explore employment opportunities in Taiwan.
Despite an official agreement between the de facto embassies of the two countries, the details of the MoU implementation are yet to be finalized.
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This joint effort comes at a critical moment where Taiwan is expanding its foreign labor pool beyond traditional Southeast Asian sources due to its labor shortages. Taiwan, mainly known for its semiconductor production, depends on over 700,000 foreign migrant workers.
The commercial ties between India and Taiwan are powerful, and efforts are being made to attract Taiwanese technology companies to invest and produce in India.
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The Ministry highlighted that Taiwan is currently facing increased demand for human resources in critical sectors like construction, agriculture, and manufacturing. As a result, there has been an increase in the need for migrant skilled workers to fill these gaps. This development allows Indian workers to join and contribute to Taiwan’s workforce, fostering a stronger relationship between the two nations.
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Web Story: Taiwan & India sign MOU to open doors for Indians to work in Taipei
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