India's software to join hands with Taiwan's hardware
03 Sep '07
3 min read
Coinciding with the 'Invest India Mission' to Taiwan, Confederation of Indian Industry (CII), under the leadership of Mr Gopal Srinivasan, Director, TVS Electronics Limited will embark on a business delegation to the Taiwan from September 2 - 4, 2007.
The 10-member business delegation will project India as an attractive investment destination and will explore possibilities to tap one of the largest growing economies in Asia. The delegation comprises senior Government officials and industry members.
The CII delegation comprises varied industry sectors viz; electronics, telecommunication, semiconductors, IT, R&D, leather, etc. The delegation will meet with top Government and industry officials and discuss business possibilities.
Besides meetings with senior Govt officials, trade organisations, academia of Taiwan the delegation will also meet and interact with senior officials of leading enterprises like Delta, Inventec Corporation, ASUStek, etc.
Taiwan was a part of “East Asia Miracle” which started around 1960s, when relatively small economies of East Asia, like Singapore, Malaysia were growing at a faster pace than most of the large developed western economies, based on the export-led growth strategy.
Taiwan is vital for India's trade; it has a matchless record of more than 90% of the world's market share in computers 70% in semiconductors, 50% in liquid crystal display (LCD) and 44% in integrated circuit (IC) design.
Taiwan is also way ahead of most countries in the areas of biotechnology and nanotechnology. Taiwan has a very strong manufacturing sector and a well-developed service sector like many developed economies.
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