Taiwanese companies are eyeing the Indian market with companies now offering cutting-edge products to India’s manufacturing sector.
Machine tools include lathes, boring bars, milling cutters, grinding machines and many other instruments, which are used to cut and shape metals or other rigid materials.
The Taiwan External Trade Development Council and Taiwanese machine tool makers have showcased industrial equipment at the ongoing Delhi Machine Tool Expo and said these can “contribute in the Make in India initiative".
Seeking to tap the huge Indian market, Taiwanese machine tool makers are offering their cutting-edge products for this country’s manufacturing sector, which is being aggressively promoted by the government.
The Indian Machine Tool Manufacturers’ Association (IMTMA) is to hold the second edition of its northern regional show — the Delhi Machine Tool Expo from August 10-13 at Pragati Maidan in New Delhi.
The expo this time will also focus …
The Taiwan External Trade Development Council (TAITRA, 外貿協會) yesterday opened its first Taiwan Expo in Vietnam’s Ho Chi Minh City in a bid to help Taiwanese firms expand their foothold in the Vietnamese market.
The event, which is scheduled to run until tomorrow, is the first TAITRA business-to-business exhibition to present only Taiwanese products in the country.
Inside almost every machine made by Taiwan’s top machine tool brands such as TONGTAI and FFG, one can often find numerous key parts made by Taiwanese parts makers. In fact, Taiwan’s machine tool parts manufacturers have played indispensable roles in the success of Taiwan’s machine tool industry.
Driven by improving demand and steady global economic recovery, the nation’s manufacturing output in terms of revenue is expected to grow 3.87 percent to NT$17.54 trillion (US$576 billion) this year, the Industrial Technology Research Institute’s (ITRI, 工研院) Industrial Economics and Knowledge Center (IEK, 產業經濟與趨勢研究中心) said yesterday.
The forecast was 0.67 percentage points higher than IEK’s previous estimate in April of 3.2 percent growth.
MTA VIETNAM 2017 will be held from July 4 to 7 at the Saigon Exhibition & Convention Center (SECC) in Ho Chi Minh City. The yearly exhibition has been consecutively held for the past 15 years, with its scale expanding every year. This event has become the largest professional international exhibition in Vietnam. It is estimated that this year the number of exhibitors will exceed 420 and attract more than 12,000 professional buyers from around the world.
MTA VIETNAM 2017 will be held from July 4 to 7 at the Saigon Exhibition & Convention Center (SECC) in Ho Chi Minh City. This year, 32 Taiwanese machine tool makers will be exhibiting at the show, which also makes this the largest ever group of Taiwanese exhibitors to join the event.