Taiwan and India’s bilateral collaboration has boosted economic growth and made them attractive investment destinations. The Taiwan Expo facilitates trade relations. India’s role as a manufacturing hub has significantly impacted supply chain relocation. From January to May 2024, Taiwan’s highest export to India was in chips, accounting for 49.4% of total exports.
The 7th edition of the Taiwan Expo 2024, organized by TITA and TAITRA, is set to take place from July 8-10, 2024, at Bharat Mandapam. The event, which marks its grand return after a five-year hiatus, attracts significant attention from Taiwanese and Indian stakeholders. The event will focus on five key themes: Smart Lifestyle, Smart City, Smart Manufacturing, Green Innovations, and Wellness Fiesta, showcasing Taiwan’s latest technologies and solutions.
Mr. Keven Cheng, Deputy Executive Director, TAITRA highlighted that “From January to May 2024, the total trade volume between Taiwan and India grew by 25.8% compared to the same period last year, making India our 14th largest trade partner. This significant growth underscores the immense potential for Taiwan-India economic cooperation, particularly in electronics manufacturing, smart cities, and ICT sectors. The Taiwan Expo aims to further consolidate and grow business opportunities by showcasing the latest products and solutions curated based on the most recent government policies, local market demands, and consumption trends. We hope to continue to build the best stage that promotes bilateral trade relations between both countries”.
Taiwan Expo in India 2024 will feature over 120 companies showcasing over 1000 Taiwanese products. Highlighted products include AI gaming laptops, medical-grade support products, protein hair creams, and health-conscious foods. The Taipei Computer Association, Taiwan Textile Federation, and New Taipei City Government will participate. Indian attendees will have an opportunity to explore Taiwan’s diverse offerings.