2014-09-09

Taiwanese firms keen to invest in India

Keen to tap the huge Indian market, Taiwanese business leaders yesterday said that the scope for investment in India has increased.

Taiwanese firms keen to invest in India
Keen to tap the huge Indian market, Taiwanese business leaders yesterday said that the scope for investment in India has increased with the new government adopting pro-business policies, as reported by PTI.
 
 
A business delegation from Taiwan, which has expertise in IT and electronic, is looking for business opportunities in India and use its geographical proximity to the markets of Africa, Middle East and South Asian markets. 
 
 
"We see a chance for cooperation between Taiwan and India because of Modi's policy. Modi's government is more pro business and pro investment... It has adopted a very strong policy for the foreign companies to invest in India," Yen Shiang Shih, delegation leader told PTI. 
 
 
"Taiwanese companies mainly focused on mainland China, which also has a huge domestic market. We poured lot of resources on China and invested around $10 billion. But now the Taiwanese companies want to diversify, particularly in the South Asia region using India as a centre," Shih said on the sidelines of Taiwan India Joint Business Councils Meeting held at Ficci. 
 
 
Taiwan has very strong IT industry such as semiconductors, IC and India imports them. 
 
 
However, he also added that the Indian government should provide assistance to the Taiwanese firms as they are not familiar with India. 
Related opportunities
  • Tea And Coffee Chain
    CHAI CALLING is one the most renowned tea brands of..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 2lakh - 5lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi Delhi
  • Gyms And Fitness Centres
    THE GYM is a Fitness brand providing its customers with..
    Locations looking for expansion Maharashtra
    Establishment year 2019
    Franchising Launch Date 2022
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mulshi Maharashtra
  • Diamond & Platinum Wears
    We at Xazina believe that the beauty of a diamond..
    Locations looking for expansion Delhi
    Establishment year 2020
    Franchising Launch Date 2022
    Investment size Rs. 50lakh - 1 Cr.
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Bakery & Confectionary
    Are you looking to open a Monginis Franchise? If yes,..
    Locations looking for expansion Maharashtra
    Establishment year 1956
    Franchising Launch Date 1971
    Investment size Rs. 5lakh - 10lakh
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
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

pincode
;
ads ads ads ads