India, April 27 -- One of the most common reasons cited by foreign investors, against investing in India is too complex regulatory processes and multiplicity of overlapping compliances. The latest to join the bandwagon is Taiwanese Foreign Minister Joseph Wu. The minister was responding to questions from a journalist on the reason for Taiwanese companies not warming up to India's constant welcome mat for attracting investments in the new age technology, building block and semiconductors space.

To be sure Taiwan is home to the largest chip manufacturing facilities in the world, a key component of the digital economy, ranging from mobile phones to satellites. Wu during his interaction with the journalist quoted "India is cumbersome in its ...