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Subject: 2019 India-Taiwan Cooperation ...
Content: MoU Signing among Neotec Semiconductor Ltd (Taiwan) and MEL Systems & Services (India) and Top T...

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2019 India-Taiwan Cooperation Forum (ITCF): Smart Technology to Set Future Growth Potential

Source:Bureau of Foreign Trade, Ministry of Economic Affairs
Revise Date:2019-07-09

MoU Signing among Neotec Semiconductor Ltd (Taiwan) and MEL Systems & Services (India) and Top Tech Int'l., Co. Ltd (Taiwan) and HLBS Tech (P) Ltd (India)

 

The 2019 India-Taiwan Cooperation Forum was jointly organized by the Bureau of Foreign Trade (BOFT) under the Ministry of Economic Affairs (MOEA), the Taipei Computer Association, the India-Taipei Association, and the Foundation for Commerce and Culture Interchange on May 31, 2019 at the Taipei International Convention Center (TICC). Government officials from India and Taiwan, as well as representatives from related industries delivered speeches regarding investment opportunities, start-up ecosystems, experiences in doing business with India/Taiwan, etc.

 

One of the highlights was the introduction of the Taiwan Plus project, given by Economic Secretary Mr. Yi-Feng Chang of the Taipei Economic and Cultural Center (TECC) in India. Since the number of Taiwanese investors in India has increased annually, and in order to enable more Taiwanese investors to seek business opportunities in India, the MOEA worked together with the Ministry of Commerce and Industry of India to set up the Taiwan Plus office within Invest India’s New Delhi office in November last year. Taiwan and India have jointly designated the personnel of this office. Mr. Chang, who is stationed in the Taiwan Plus office, talked about how the office provides consultation services, vital connections and feasibility evaluations related to investment.

 

The speeches were followed by a panel discussion, which focused on investment opportunities and challenges, and was moderated by Dr. Dennis Hu, president of the Foundation for Commerce and Culture Interchange. He concluded that since India and Taiwan are highly complementary in the ICT sector, and in order to explore opportunities for cooperation between India's startups and Taiwan's ICT sector, companies from both sides should share information regarding market needs, startup case studies, and feasible cooperation models for mutual benefit.

Published Date:2019-06-14