Taiwanese and Indian businesses ink MoU for collaboration in electronics, green tech

New Delhi, Nov 4 (KNN) The Taiwanese and Indian firms signed three MoUs on Thursday at the 2022 India-Taiwan Industrial Collaboration Summit.

The MoUs were signed for collaboration in electronics manufacturing and green technologies, according to Focus Taiwan.

The summit was jointly held by Taiwan’s Chinese National Federation of Industries (CNFI) and India’s industry body Federation of Indian Chambers of Commerce and Industry.

The first agreement was inked by the Electronic Industries Association of India (ELCINA) and Taiwanese memory chipmaker Adata Technology.

Another pact signed during the summit was by Taiwanese precious metal recycling specialist UWin Nanotech. Co. and India’s Srikaarya Industries, the report said.

The third was by the Taiwan Environmental Manufacturers Association, Taiwan’s China Productivity Center, Industrial Technology Research Institute, and Water Affairs Organization, and India’s International Centre for Clean Water and Steady-taps Consulting.

The MoU signing ceremony was attended by Taiwan’s Deputy Economics Minister Chen Chern-Chyi, who headed a Taiwanese delegation to India.

Addressing the occasion, Chen urged the Indian government to lend support to the Taiwanese companies that invest in India.

In addition to the summit, Chen also attended a CEO roundtable forum where representatives of Taiwan’s government and industrial groups joined with Indian attendees to discuss a wide range of topics.

The key discussion at the session revolved around electronics manufacturing, electric vehicles, batteries, and electronics/information and communications technology development, according to Taiwan’s representative office.

The Taiwan’s Deputy Economics Minister will be in India till Friday. (KNN Bureau)