Opportunities in Foreign Trade

Taiwan is trying to forge a close relation with Indian corporate sector. Here is an instance of it

- Pradeep Chakraborty

TAITRA, in association with Taiwan Excellence, organised a webinar “Comtech India-Online New Product Launch & Business Matchmaking.” Walter Yeh, President & CEO, TAITRA, talked about India-Taiwan trade relations and new business opportunities in the areas of smart cities and ICT space. There was major focus on Taiwan’s ICT capabilities in tracking and managing Covid-19 and how India can adopt similar approach.

India – A Desired Destination

Walter Yeh said, “India has become a hot investment destination with huge growth potential. The ICT market in India is projected to grow to $350 billion by 2025. TAITRA launched a smart city show in Mumbai three years ago. We have now repositioned and rebranded the show as Comtech India & Asia Smart City Show. The show will focus on four things, including network communications and IoT, smart city solutions, new technologies from the start-ups, and X-Box gaming equipment.”

He added that TAITRA also holds the Taiwan Excellence Awards. The products devoted to innovation, R&D and quality. The Taiwan enterprises are performing strongly, even with the Covid-19 pandemic. There are six Taiwan Excellence award winners that are outstanding. They are interested in the Indian and the Asian markets. These companies are Advantech, Moxa, Merit Lilin, Avision, Synology and Bintronic. The representatives will introduce latest products and solutions. The event hopes to bring Taiwan and India even closer.

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