India & Taiwan sign MoUs to deepen SME cooperation

Indian and Taiwanese companies on Wednesday signed MoUs for a wide-ranging collaboration to further strengthen the ongoing industrial collaboration.

Secretary of MSME Arun Kumar Panda met with the Taiwanese delegates in Delhi.

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, according to media reports.

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 smartphone manufacture and India’s talent and skills, conducive business environment, and liberal investment policies provide the right opportunity for collaboration, Wang noted.