Small enterprises from India flock to Taiwan machinery show
Hotline: 1800 102 2007
X
Search Business Opportunities
2014-03-11

Small enterprises from India flock to Taiwan machinery show

In order to explore the trade potential for the import of machinery by micro, small and medium enterprises (MSMEs) in India, a two-day Taiwan Machinery Catalogue Show 2014 was organised by the PHD Chamber of Commerce and Industry in association with Taiwan Association of Machinery Industry (TAMI) in Chandigarh last week.

In order to explore the trade potential for the import of machinery by micro, small and medium enterprises (MSMEs) in India, a two-day Taiwan Machinery Catalogue Show 2014 was organised by the PHD Chamber of Commerce and Industry in association with Taiwan Association of Machinery Industry (TAMI) in Chandigarh last week.

 

Dalip Sharma, Director, PHD Chamber said, “The main objective of this show was to promote business and trade in the field of machinery, to spur fruitful bilateral trade relations between both India and Taiwan.”

 

The exhibitors displayed opportunities for industrial and technological transfer, besides trade in machinery, in addition to providing information on the latest, innovative, high-precision and high-technology machine tools for improving manufacturing efficiency, and the growth of MSMEs in India, added Sharma.

 

About 400 small and medium-scale entrepreneurs participated, to gain insights into the technology that state-of-the-art Taiwanese machinery could offer them.

 

According to John Chen, Director, TAMI, Taiwan's machinery exports to India in 2013 (January- December) were more than $424 million, making India the 10th largest importer of Taiwanese machinery.

 

The machinery show consisted of several industrial machinery categories -- machine tools, food processing machinery, packaging machinery, plastic and rubber machinery, textile machinery, shoe and leather machinery, woodworking machinery and machinery parts. A total of 100 companies took part in the show.

 

India and Taiwan can join hands in the field of information technology/software, hardware, electronics, automotive components, food processing, agri-technology and education to build international brands.

 

"The future prospects for trade and investment between our countries are significant. The inbuilt complementary of the economies of both our countries offers innumerable opportunities and it is important that we build on the existing strong relations", said Vikram Sahgal, Chairman, Chandigarh Committee, PHD Chamber.

Related opportunities
  • Quick Service Restaurants
    About Us:Pizzitalia started its business in 2016 with the core..
    Locations looking for expansion Rajasthan
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 250 - 500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Jaipur Rajasthan
  • About Us:  MBTA (Mahesh Bhupathi Tennis Academy) was founded in 2006,..
    Locations looking for expansion Karnataka
    Establishment year 2006
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • About Us GingerBread House IND is efficiently managed & headed by..
    Locations looking for expansion West Bengal
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 1300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolkata West Bengal
  • Others Food Service
    About Us: "F For Fries" is primarily a French Fries cafe..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 220
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts