Taiwan extols India’s ‘Make in India’ policy

Taiwan extols India’s ‘Make in India’ policy

Agency News

New Delhi, Jan 29 : Taiwanese Ambassador to India, Tien Chung-Kwang, who is also the Representative of Taipei Economic and Cultural Center (TECC), on Tuesday applauded the Make in India policy of the Indian government.

Praising the Indian government for providing a conducive environment, the Ambassador told the mediapersons at the 'Convergence India 2019', that "Make in India policy of the Indian government was the right policy for India to generate employment."

"Political system of India is very stable and do not interfere." Kwang said adding that the Indian government is also proactive in economic related activities.

Taiwan Excellence participated in Convergence India, one of the only platforms in the country that have demonstrated an impressive convergence of technologies in telecom, IT, broadcast and digital media sectors since the past several years, this year too to restate its commitment to support India’s digital mission.

This year, Taiwan Excellence revealed some of its new cutting-edge products at the expo.

Speaking about the expo, Kwang said, "Taiwan has been supporting the Government of India in its various ground-breaking initiatives like Make in India, Digital India and Skill India. This is our third consecutive year at Convergence India, and we are extremely happy to share our prowess in the field of ICT with other Indian as well as global brands."

The Taiwan ministry said in a statement that the trade between Taiwan and India lies at US$6.4 billion at the end of 2017.

'India is a very fast-growing economy with a growth rate that is at the top of the world, almost 7 per cent. We are trying very aggressively to develop economic ties with India and Convergence India 2019 has been a remarkable platform to communicate our ideas and network with participants from the industry. This platform has always been fruitful to us for building some strong partnerships,' the Ministry said.

Responding to a question posed by media personnel's on US-China trade war, the Ambassador said Taiwan has large investments in China and they can certainly get affected with US sanctions and added that amid tense trade relations between different nations, India is a country that no one can ignore and Taiwan has a big role to play in Indian markets. (UNI)