Indian and Taiwanese companies have signed MoUs for wide-ranging collaborations to further strengthen the ongoing industrial collaboration. The MoUs were signed in the presence of Department of Industrial Policy and Promotion (DIPP) secretary, Ramesh Abhishek and vice minister, Ministry of Economic Affairs of Taiwan, Mei-Hua Wang, at the second India–Taiwan Industrial Collaboration Summit.
The organizations and the signatories to the MoUs included:
- National Institute of Solar Energy (NISE)-Industrial Technology Research Institute (ITRI), signed by Sanjay Kumar, deputy director general, NISE, India and Dr Tzeng-Yow, Lin, director of CMS, ITRI, Taiwan
- Federation of Indian Chamber of Commerce and Industry (FICCI) and ITRI by Dilip Chenoy, secretary general, FICCI, India; and Dr Jason CS Hsu, Director, ITRI, Taiwan
Speaking on the occasion, Ramesh Abhishek and Mei-Hua Wang spoke of the need to tap the growing opportunities for business and industrial collaboration in India. Taiwan’s excellence in electronics and smart phone manufacture and India’s talent and skills, conducive business environment, and liberal investment policies provide the right opportunity for collaboration. The summit was also addressed by the representative of Taipei Economic and Cultural Center (TECC), Tien Chung-Kwang; vice chairman of Indian Affairs Committee, CNFI, Feng-Tzu Tsai; FICCI Electronics and White Goods Manufacturing Committee chair, Som Mittal and co-chair of the FICCI Committee; and president and CEO, Panasonic India, Manish Sharma.