Taiwan Expo 2019 in New Delhi to Strengthen India-Taiwan Business Relations

ACN Correspondent On May 9, 2019

Ms. Karen Pai, Deputy Executive Director of Taitra

New Delhi. Bureau of Foreign Trade (MOEA) and Taiwan External Trade Development Council (TAITRA), Taiwan’s foremost trade promotion body announced the second edition of ‘Taiwan Expo’ at Pragati Maidan in New Delhi, India to be held on May 16-18, 2019.

Taiwan Expo 2019 will see participation from 130 exhibitors showcasing their state-of-the-art products through 230 booths.

There will be series of activities that are scheduled to take place in New Delhi to mark the beginning of the event which includes a series of industry forums, trade meetings, Taiwan cultural performances and other range of exciting events such as Taiwan day tour via AR and lucky draw.

The press event was attended by Ms. Karen Pai, Deputy Executive Director of Taitra, Ambassador Tien Chung- Kwang, Taipei Economic and Cultural Center in India (TECC), Manish Singhal, Deputy Secretary-General and Head International of FICCI, Deepak Kumar, Executive Director (ITPO), and Ms. Madhumitha Ramanathan, Vice President of Invest India.

While addressing the media delegates, Ambassador Tien Chung- Kwang admitted that though Taiwan was late as compared to Japan and Korea in turning towards India for making investments, it was, however, yet not late to do so.

“India is world’s fastest growing economy and we have big plans to invest in India. We will soon catch up. We are probably one of the very first countries to sign the bilateral investment agreement with India. We also signed a lot of MoUs and agreements with India. They are strong indicators that our relations will not be affected by the influence of China. We are also seeing some improvement in terms of increasing trade, the students studying in Taiwan, the number of tourists going from India to Taiwan. The FDI from Taiwan to India will definitely increase in the coming years,” he said..

This year the Taiwan Expo is focusing on six areas – Smart Cities, Smart HealthCare, Taiwanese Lifestyle, Taiwanese Agriculture, Taiwan Green Tech and Education, Culture, and Tourism. In addition to the Expo, Taiwan Expo 2019 will also see a host of industry forums like Taiwan-India Medical Cooperation Forum and Air Quality Management and Pollution Control Forum, covering topics such as air pollution control and health care during the course of the expo. The forums will offer the audience an opportunity to learn about Taiwan’s current industrial development and the areas in which the two countries can co-operate in the future. The rich exhibition content and professional seminars offered by Taiwan Expo 2019 means that the Indian visitors can learn about Taiwan in a comprehensive and in-depth manner.

While addressing the media delegates, Ms. Karen Pai, Deputy Executive Director, TAITRA, said, “Looking at India from a Taiwanese perspective, we see a vibrant country that is full of possibilities. In addition to India becoming the most populous country in the world, in 2028, New Delhi is set to overtake Tokyo the most populous city in the world. India’s future is full of possibilities and is an incredible place that Taiwan simply cannot miss! I also want to tell everyone here that Taiwanese companies, products, technologies, and tourism channels are ready to reveal their strengths, create new links with India, and generate mutual progress and prosperity together.”

Talking about their plans for India market, she further shared, “In recent years, bilateral trade between Taiwan and India continues to grow, with India being Taiwan’s 16th largest trading partner. In 2018, Taiwan and India’s total bilateral trade volume reached US$7 billion, a 5-year high and an 11% increase from 2017. Bilateral trade investments are also on the rise. Such growth illustrates the successful combination of Taiwan’s New Southbound Policy and Act East Policy from India, the benefits of synergy, and the increasingly strong interaction between the two countries’ people and businesses.”

TAITRA has come up with an interactive activity to increase the number of visitors attending the expo. Visitors can download the app: Marq+ and play interactive games in the expo. One of these games is to scan the butterfly image of Taiwan expo and add the butterfly wings to it. Visitors can win exciting prizes by participating in these activities.

There will be 10 theme pavilions in the expo – Taiwan Excellence Pavilion, Taiwan Green Products Pavilion, Taiwan IoT Smart Living Pavilion, Taiwan Healthcare Pavilion, Digital Commerce Pavilion, Taiwan Bubble Tea Pavilion, Taiwan Agricultural Pavilion, Taiwan Tourism Pavilion, Hsinchu Science Park Biotech Hub, Six Senses of Taiwan, Education & Tourism, ICT Product & Electrical Equipment, Medical Devices, Health & Personal Care and Taiwan High Quality Product.