Taiwan is looking to hire as many as 100,000 Indian workers
Taiwan with a plan to send tens of thousands of workers to the island as early as next month, according to senior officials familiar with the matter, potentially angering neighbor China.
Taiwan could hire as many as 100,000 Indians to work at factories, farms and hospitals, the officials said, asking not to be identified as the discussions are private. The two sides are expected to sign an employment mobility agreement by as early as December, the people said.
Taiwan’s aging society means it needs more workers, while in India, the economy isn’t growing fast enough to create enough jobs for the millions of young people who enter the labor market every year.
Taiwan is projected to become a “super aged” society by 2025 with elderly people forecast to make up for more than a fifth of the population.
However, the employment deal is likely to ramp up geopolitical tensions with China, which opposes any official exchange with Taiwan, a self-ruled island that Beijing claims as its own. China is separated from Taiwan by a narrow body of water and shares a Himalayan border with India.
It’s also been India’s top source of imports for the past two decades.
A pact with Taiwan doesn’t suggest India is discarding the “One China Policy” — a position that recognizes the island as being a part of China.
However, New Delhi hasn’t reiterated that position in public documents and has instead fostered an active unofficial relationship with Taiwan.
The India-Taiwan jobs pact is now in the final stages of negotiation, Arindam Bagchi, a spokesperson for India’s Ministry of External Affairs, told reporters on Thursday. Taiwan’s Ministry of Labor didn’t specifically comment on the India deal when contacted by Bloomberg News, but said it
Ford and Stellantis workers join those at GM in approving contract settlement that ended UAW strikes
