Tuesday, September 19, 2006

ICT FORUM TO EXPLORE BUSINESS OPPORTUNITIES BETWEEN TAIWAN, INDIA

Taipei, Sept. 19 (CNA) An international information and communication technology (ICT) forum was held Tuesday to explore business opportunities for Taiwanese and Indian companies, especially in the telecommunications sector.

"Taiwan and India complement each other well. this is why the partnership makes sense, " said Institute for Information Industry (III) President Ke Jyh-sheng, referring to Taiwan's competitiveness in IT hardware and India's IT strong software capability.

Vijay Gokhale, Director-General of India-Taipei Association, shared a similar observation, saying that most Taiwanese companies need to "scale up" and transform to embrace the knowledge-based economy because traditional industries are "being pushed out of the country."

Gokhale urged Taiwanese companies to develop long-term relationships with Indian companies since the cooperation would serve the interests of both sides.

He was also optimistic about bilateral relations, as direct flights between Taipei and Mumbai will soon begin, while those between Taipei and New Delhi will be increased.

The National Association of Software and Service Companies (NASSCOM) , India's catalyst for growth of services and software, organized a delegation of more than a dozen Indian companies that attended the one-day forum, which was hosted by the Ministry of Economic Affairs (MOEA) and organized by the III, the Industrial Technology Research Institute and NASSCOM.