As the world approaches the peak shopping season the demand for products is also increasing substantially and the firms need immediate spike in the production to meet this high demand of products to maximise their profits and make the most out of the shopping peak season.
With India nearing Diwali and major e commerce sites such as amazon and flipkart announcing their huge saver sales in the market the demand for products in India has gone up a substantial amount. India is a huge market for most of the firms and they do their best to attract this market and make the most out of it. The nation is nearing major festive season and in Diwali the people have a tradition of buying new things and this is a major point for the commerce sector which they plan to exploit. As Taiwan has emerged as a major tech hub and a manufacturing hub while the world was looking for an alternative to China in the –shadow of the bilateral trade spat between the United States and China which has now been dragged over a year and has hit major companies finances forcing them to move their operations and manufacture to a different region.
This has been a major pro for the Taiwanese nation and its ready infrastructure for high manufacture had made it a favourite of the world tech and other manufacturing giants. So, with this the Taiwanese nation has seen a rise in the manufacture of its gadgets as it is a major item of production in the nation and the exports have risen substantially over the past two months.