New Delhi (India) July 9 : The flagship platform for Taiwan-India economic and cultural exchanges, “Taiwan Expo in India 2024,” 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).

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; Honorable Mr. Sujeet Kumar, the Member of Parliament, representing the State of Odisha; Mr. 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.

James Huang, Chairman of TAITRA, in his speech, stated that since 2018, India 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 “Make in India” initiative. With Taiwan’s AI prowess, the “Digital India” and “Smart Cities” initiatives will lead Taiwan and India to set new milestones in the global technology manufacturing industry.

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

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’s role as a significant global industrial hub and emphasized the limitless potential for future bilateral cooperation.

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 “New Taipei City Pavilion,” focusing on smart cities, electronics and machinery manufacturing, smart healthcare, and e-sports, targeting India’s industrial needs and green transformation opportunities.

On the first afternoon of the expo, TAITRA held the “Taiwan-Japan Business Cooperation Seminar and Matchmaking in India,” 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.

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’s 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’s in Mumbai, with enterprise participation nearly back to pre-pandemic levels. Highlight pavilions, organized by Taiwan’s 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’s Innovation Pavilion showcasing high-tech smart solutions and AIoT products.

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Mumbai (Maharashtra) [India], October 2: The much-awaited Taiwan Expo 2023 is gearing up for yet another stellar trade show in India, scheduled from October 5-7, 2023, at NESCO Exhibition Centre, Goregaon, Mumbai. This will be the 6th edition of the Expo in India, and more importantly, it is back in its physical avatar, allowing exhibitors and visitors to have a closer look and deeper experiential interaction with the product portfolio. This year, the Expo will have 6 themes and 7 pavilions on display across key categories like Smart Manufacturing, Smart City, Smart Agriculture, Smart Lifestyle and EV. Some of the highlight products that are being showcased at the Expo include a UAV from Ahamani EV Technology Co. Ltd, the world’s first 5G Mixed reality glasses from Compal Electronics Inc, a Hydrogen 2-3 wheels motorcycle from Chung Hsin Electric & Machinery Manufacturing Corporation and EV power system from Teco Electric and Machinery Co. Ltd., to name a few.

There was a curtain raiser event to announce the Expo, which was attended by key dignitaries, Mr. Homer Chang, Director General, Taipei Economic and Cultural Centre (TECC) and Mr. Keven Cheng, Deputy Executive Director, Taiwan External Trade Development Council (TAITRA). Special invitees from India included Dr. Ravindra Kute, President, Maharashtra, Indian Medical Association (IMA) and Mr. Vikram Mathur, Executive Director, Business Network International (BNI), amongst other eminent personalities. 

Speaking at the event, K. J. Cheng, Deputy Executive Director from TAITRA, said, “We are delighted to organize yet another edition of Taiwan Expo in India. The Expo will showcase the latest products and solutions curated based on the most recent government policies, local market demands and consumption trends. Furthermore, the expo will organize networking events, including One-on-one Business Match Meetings and a variety of stage events to encourage interactions between Taiwan and India businesses. We hope to continue to build the best stage that promote bilateral trade relations between both countries.”

Organized by the Taiwan External Trade Development Council (TAITRA), the Taiwan Expo is its flagship exhibition to fortify the ties between Taiwan and the ASEAN countries, including India. Since its inception in 2017, the Taiwan Expo has emerged as a leading platform for Taiwanese businesses to explore new opportunities, exchange ideas, and forge partnerships in ASEAN, South Asia, and North America. Thus, the Expo is credited with being the premier online sourcing hub in ASEAN countries and India. It is a testament to Taiwan’s strong and long-term commitment to promoting a bilateral trade relationship with India.

According to the Taiwan government’s official data, India is its 16th-largest trading partner and 13th-largest export destination. It is interesting to note that the bilateral trade between India and Taiwan totaled $8.46 billion in 2022, representing an increase of 9.86% over 2021.

In recent years, India has been building itself as a viable alternative hub within the global supply chain framework, and the ongoing geopolitical and economic scenario provides synergy to both India and Taiwan with opportunities to navigate cooperation for achieving mutually beneficial commercial ties through stronger business bilateral relations.

About Taiwan Expo:

Since 2017, TAIWAN EXPO has emerged as a leading platform for Taiwanese businesses to explore new opportunities, exchange ideas, and forge partnerships in ASEAN. With its notable success, TAIWAN EXPO has been held 15 times, spanning 11 cities in seven countries, including India, Thailand, Indonesia, the Philippines, Vietnam, Malaysia and the USA.

About TAITRA:

Founded in 1970, TAITRA is Taiwan’s foremost nonprofit trade-promoting organization. Sponsored by the government and industry organizations, TAITRA assists enterprises in expanding their global reach. Headquartered in Taipei, TAITRA has a team of 1,300 specialists and operates 5 local offices as well as 62 branches worldwide. Together with Taipei World Trade Center (TWTC) and Taiwan Trade Center (TTC), TAITRA has formed a global network dedicated to promoting world trade. TAITRA’s five local branch offices in Taoyuan, Hsinchu, Taichung, Tainan, and Kaohsiung provide services to companies outside metropolitan Taipei. Through these domestic offices, TAITRA is able to maintain close contact and interaction with local companies in their respective areas and provide direct and substantial services in areas such as feature trade promotion, business information, market seminars, on-the-job training, procurement meetings, meeting room rental, etc. Branch offices play vital roles in Taiwan Trade Shows coordination between Taipei headquarters and local companies and invite buyers to visit local industries.

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