{"id":35258,"date":"2024-07-09T13:59:28","date_gmt":"2024-07-09T08:29:28","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2024\/07\/09\/taiwan-expo-in-india-2024-accelerates-taiwan-india-cooperation\/"},"modified":"2024-07-09T13:59:28","modified_gmt":"2024-07-09T08:29:28","slug":"taiwan-expo-in-india-2024-accelerates-taiwan-india-cooperation","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2024\/07\/09\/taiwan-expo-in-india-2024-accelerates-taiwan-india-cooperation\/","title":{"rendered":"Taiwan Expo in India 2024 Accelerates Taiwan-India Cooperation"},"content":{"rendered":"
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New Delhi (India) July 9 :<\/strong> The flagship platform for Taiwan-India economic and cultural exchanges, \u201cTaiwan Expo in India 2024,\u201d returns to New Delhi, the capital of India, after a five-year hiatus. The 7th edition of the Taiwan Expo India 2024 encompassing exhibitions and networking events was inaugurated on Monday, July 8, 2024 led by Cynthia Kiang, Director General of the International Trade Administration (TITA), and James Huang, Chairman of Taiwan External Trade Development Council (TAITRA).<\/p>\n

120 Taiwanese companies are exhibiting grandly at the Bharat Mandapam (Pragati Maidan), Hall number 2. The opening ceremony is graced by distinguished guests, including Mr. Lalduhawma, Chief Minister, the Indian State of Mizoram;\u00a0Honorable Mr. Sujeet Kumar, the Member of Parliament, representing the State of Odisha;\u00a0Mr. Manish Sharma, Chairman of the Electronics Manufacturing & Energy Storage Committee of the Federation of Indian Chambers of Commerce & Industry(FICCI); Mr. Rajoo Goel, Secretary General, Electronic Industries Association of India(ELCINA); Bau Shuan Ger, Representative, Taipei Economic and Cultural Center in India(TECC); and prominent Taiwanese business leaders. More than 150 guests and media representatives attended the event.<\/p>\n

James Huang, Chairman of TAITRA,\u00a0in his speech, stated that since 2018,\u00a0India has risen in the global manufacturing sector, offering excellent services that align with international trends and becoming a popular regional manufacturing hub. Taiwan, as a strong player in chip manufacturing, aims to enhance supply chain resilience and is set to collaborate with India to establish a wafer fab, perfectly aligning with the \u201cMake in India\u201d initiative. With Taiwan\u2019s AI prowess, the \u201cDigital India\u201d and \u201cSmart Cities\u201d initiatives will lead Taiwan and India to set new milestones in the global technology manufacturing industry.<\/p>\n

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Cynthia Kiang, Director General of TITA pointed out that India is currently the world\u2019s second-largest manufacturer of footwear and textiles. With the global brands\u2019 \u201cChina+1\u201d strategy taking effect, India has become a production base for supply chain relocation. This year, TITA introduced an innovative approach of \u201cCross-Industry Alliances,\u201d integrating petrochemical, machinery, and textile industries for joint marketing promotion. At this Expo, TAITRA and the Taiwan Textile Federation established the \u201cSmart Manufacturing Pavilion\u201d and the \u201d Sustainable & Innovation Textile Pavilion,\u201d showcasing Taiwan\u2019s intelligent and efficient solutions in petrochemical, shoemaking, and textile processes to demonstrate Taiwan\u2019s industrial energy and capture vast business opportunities in India.<\/p>\n

Bau Shuan Ger, Representative of TECC in India, expressed his belief that the longstanding partnership between Taiwan and India will continue to strengthen, further impacting the dynamic global market. Mr. Lalduhawma, Chief Minister of Mizoram State, who attended the opening ceremony, highlighted Taiwan\u2019s role as a significant global industrial hub and emphasized the limitless potential for future bilateral cooperation.<\/p>\n

To help more excellent New Taipei City enterprises expand into the Indian market, Chu, Tih-Ju, Deputy Mayor, of New Taipei City Government, and Amy Ho, Commissioner of New Taipei City Government, Economic Development Department led 20 well-known businesses to establish the \u201cNew Taipei City Pavilion,\u201d focusing on smart cities, electronics and machinery manufacturing, smart healthcare, and e-sports, targeting India\u2019s industrial needs and green transformation opportunities.<\/p>\n

On the first afternoon of the expo, TAITRA held the \u201cTaiwan-Japan Business Cooperation Seminar and Matchmaking in India,\u201d inviting representatives from the Japan External Trade Organization (JETRO) New Delhi office, major Japanese trading companies Sumitomo and Marubeni, Japanese companies Panasonic, Delta Electronics, and Ahamani to share their experiences in the Indian market. The business meeting that followed focused on electronics, smart mobility, and smart manufacturing industries, seeking further trilateral cooperation opportunities between Taiwan, Japan, and India. Robert Hsieh, Deputy Representative from the TECC in India, and Kyoko Hokugo, minister (Economic and Development), Embassy of Japan were also present to deliver speeches.<\/p>\n

Taiwan Expo 2024 in India, held from July 8 to 10, offers Taiwanese companies a prime opportunity to showcase their top products in New Delhi. This year\u2019s Expo features 12 pavilions across key sectors such as Electronics Manufacturing, Medical and Biotechnology, Smart Lifestyle, Smart Manufacturing, and more, providing an interactive experience with diverse products. The event is 1.6 times larger than last year\u2019s in Mumbai, with enterprise participation nearly back to pre-pandemic levels. Highlight pavilions, organized by Taiwan\u2019s central ministries, local governments, and industry associations, underscore the importance of the Indian market. Notable examples include the Taiwan Visitors Association promoting tourism and the Taipei Computer Association\u2019s Innovation Pavilion showcasing high-tech smart solutions and AIoT products.<\/p>\n

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New Delhi (India) July 9 : The flagship platform for Taiwan-India economic and cultural exchanges, \u201cTaiwan Expo in India 2024,\u201d returns to New Delhi, the capital of India, after a … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":35259,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-35258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/35258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=35258"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/35258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/35259"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=35258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=35258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=35258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}