Friday, January 24, 2014: The delegation had extremely fruitful discussions with Pinecone Energies, Advanced Optronic Devices, HTC, TEEMA, Posiflex Technology, TECO, CDC, Information Industry Institute, Delta, Crystalvue Medical Corp, UMC, TaiDoc Technologies, Apex Medical Corporation among others.
The delegation also met Vice Minister Mr. Duh during the visit. The delegation also participated in the “Think Electronics Think India” Seminar organized by India Taipei Association (ITA) at Taipei. It also participated in a seminar relating to medical electronics devices organized by ITA in Tainan.
Taiwan side has shown significant interest to create stronger linkages with Indian businesses in the area of electronics.
Several business to business opportunities were discussed and follow up meetings are being planned by the collaborating business entities in January 2014.
At industrial level also, the interest is reflected from Taipei Computer Association (TCA), opening its office in Bengaluru in December 2013. This is the first such office by TCA in India and is expected to encourage greater trade and investment by its members in India. Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) has also formed an India Committee, a committee of its members interested in doing business in India.
During preliminary discussions with Information Industry Institute (III) of Taiwan, the following four verticals were identified for increasing greater B2B collaborations.
a.Mobile handsets and tablets.
b.Medical Electronics.
c.Point of Sale terminals.
d.LED
This is expected to create concrete tie-ups between companies from two countries in the identified four sectors.
Discussions were also held with the objective to set up a single window mechanism which will help fabless companies to get their chips fabricated with relative lower costs and higher convenience.
