Karnataka invites Taiwanese firms to invest in State

The Karnataka government has invited Taiwanese firms to speculate within the State.

A state delegation led by Gunjan Krishna, Commissioner for Industrial Development and Director of Industries & Commerce, interacted with leading Taiwanese firms.

The Karnataka delegation interacted with Taiwanese firms engaged within the natural philosophy, electrical vehicles, FMCG natural philosophy, inexperienced energy industrial at the eighteenth IndiaTaiwan Joint Business Council Meeting, organized put together by the Federation of Indian Chambers of Commerce & Industry (FICCI) and Chinese International Economic Cooperation Association, in New Delhi recently.

The meeting saw participation from leading Taiwanese and Asian country business leaders who mentioned strategies to boost the commercial and business ties between India and Taiwan. The Commissioner same the govt is functioning on the development of specific cluster development for electrical vehicles and defence instrumentality. many sanctionative interventions area unit being created to drive investments in these sectors together with sanctionative infrastructure (plug and play infrastructure, readymade sheds, Centre of Excellence for talent development), enticing incentive packages, etc.

Tien Chung – Kwang, Ambassador of Taiwan and Representative of Taiwan Economic and Cultural Centre in India, inaugurated the meeting with a special address on the doable synergies that the 2 countries — India and Taiwan herald to market industrial development in each the countries.

About forty Taiwanese firms participated in the event. a number of the leading Taiwanese firms participated in the meeting were Wistron, saturation Ate Iraqi National Congress, Sinpro and Yusun Holding Corporation.

This will facilitate good trade relations between Taiwan and India for innovative gadgets, electronics, and technologies.