To showcase best of Taiwan's products and technologies in IT, Telecom, ICT, Electronics, Automotive Components, Machinery & Molds at Taiwan's biggest Trade fair - EMMA Expo
Led by Vice Minister of Taiwan's Ministry of Economic Affairs, Mr. Shih-Chao Cho, accompanied by more than 150 high powered trade delegation of Taiwanese manufacturers in the field of IT, Telecom, ICT, Electronics, Automotive Components, Food Processing, Agri-Technology and Education is visiting India to showcase their state-of-the-art world class technology and products at a specially organized Trade Exhibition - EMMA Expo being held in Chennai from September 5-7, 2013.
Speaking on the delegation's visit Mr. CK Tien, Taiwan's Ambassador to India, said "The Taiwan Trade delegation is visiting India to strengthen and bolster the bilateral trade ties & investment opportunities with India increase trade and promote State's competitive business climate, enhance bilateral trade, explore and expand investment opportunities and foster long-term relationships. provide means for Taiwanese business and industry leaders to increase exports and to develop and expand strategic relationships with key India and Taiwanese organizations."
EMMA Expo now in its 7th edition being held in Chennai from September 5-7, 2013, is in sync with 'I bring Taiwan to India' concept and is specially organized in India with a distinct objective to facilitate / make it more convenient for Indian businessmen and Indian industry to select, experience and choose the products, technologies and partners from hundreds of Taiwanese manufacturers under one roof, that too here itself in India. Thereby, saving them the botheration/without burdening them to travel to Taiwan just for this purpose.
Talking on India's significance to Taiwan, said Mr. Tien "India is one of the most important countries in Asia for us. Taiwan deeply values its relationship with India, and recognizes the potential for meaningful and mutual business investment."
"Taiwan's key industry sector strengths in IT, Telecom, ICT, Electronics, Automobile components, Machinery & Molds, Food processing, Agriculture Technology are well aligned with India's growing domestic needs. This mission is an important part of cultivating trade and investment opportunities for Taiwan and showcasing their technological strength across industry verticals to companies in India looking for expansion", he further elaborated.
In addition to exploring investment and expansion opportunities, the delegation will also focus on promoting Taiwan's tourism and education sector in India.
Apart from being world's leading producer in semi-conductors "Taiwan has the technology and hardware and can work in tandem with Indian IT / Telecom/ ICT and Electronic companies to build an international brand for India.
Taiwan has great strengths in the food processing and agriculture technology as well which can phenomenally reduce India's nearly 40 per cent of fruits and vegetables that go waste after harvesting. Taiwan, with their Agriculture technology can also tremendously contribute in making India increase their maximum yield per hectare.
Automobile components, Machinery Equipments and Machine & Moulds in addition to other industries are again the ones where Taiwanese technologies /products /companies have achieved excellence globally.
Taiwan also has a strong education base. Education standards are very high in Taiwan. Our Universities today, are second to none and rated among the world's top 100 best universities. Moreover, the cost of education is almost half as compare to any European and American countries.
Surging demand for ICT products in India has opened the perfect niche for ICT-rich Taiwan. This massive endeavor best profiled the industry to create a one-stop sourcing platform for the buyers to cover every facet of industry.
Taiwan companies know very little about India. So they are here to showcase their technology and products in the fields of IT, Telecom, Electronics, Automobile components, Machinery & Molds, Lifestyle etc.
EMMA Expo, has played a very pivotal role to advance Indo-Taiwan bilateral trade. The 2012 EMMA Expo attracted a record 6,215 visitors. Industrial giants from abroad and locally including TATA, Ford, Bosch, HP India, SIEMENS..etc. all valued the Expo for offering innovative products with great market potential. With the success of last year's Expo Taiwan generated an estimate of US $ 10 million in business transactions.
Emphasising the growing trade between the two countries, Taiwan's Ambassador to India Mr. CK Tien, Representative, Taipei Economic & Cultural Center in India, said that India's exports to Taiwan amounted to Rs 16,470 crore while its imports from Taiwan amounted to Rs 23,607 crore. He said that there was enough room for growth as these figures contributes to 1 per cent and 0.89% respectively.
Taiwan Ambassador to India C.K Tien said, "We are working with the Indian Government for working out an Economic Cooperation Agreement (ECA), on the line of free trade agreement (FTA) to pep up the trade volumes and economic cooperation between the two nations."
CONTACT DETAILS
Mr. Sunil Khosla, Fourth Estate, +91 9811026667, sunil.khosla@fourthestateindia.com