Mon, May 29, 2017 | updated 10:32 PM IST

Taiwanese brands bullish about fast growing ICT market in India

Updated: Oct 19, 2016 13:05 IST      
Taiwanese brands bullish about fast growing ICT market in India
Mumbai [India], Oct.19 (ANI-Newsvoir): In an effort to further strengthen their presence in India this year, prominent Taiwanese ICT brands showcased a wide range of products at the COM-IT EXPO 2016.

In its ninth year, India's largest annual international exhibition and conference was held in Mumbai from September 30 to October 2 at the Bombay Exhibition Centre in Goregaon. The event featured products offering IT, security and mobile solutions.

The Taiwan Excellence Pavilion hosted 37 leading Taiwan Excellence Award winning products with the theme "Taiwan ICT Technology: Connects You to the World".

Taiwan Excellence represents the innovative and technological image of Taiwan's most competitive industries. It is a symbol of reliability, innovation and tremendous value. Such excellence radiates from many of Taiwan's niche industries, particularly the ICT industry, of which many have become renowned brands in their field. In the Indian market, Taiwan Excellence, along with a selection of 62 Taiwanese brands that are popular internationally, were brought in to provide consumersexcellent lifestyles.

Taiwanese brands are already a part of the everyday life of Indians. "A recent market research report suggests that Indian enterprises are upbeat about the growing prospects of Information & Communications Technology, which is reflected in their investment strategies. Most IT and ICT strategies revolve around cost-effective ways to increase productivity, and Taiwanese ICT brands fit the bill perfectly. We see this as a promising sign to strengthen our presence in India," said Mr. Michael Lin, Director of the Taipei World Trade Centre Liaison Office in Mumbai.

Taiwanese brands are upbeat, in particular, about the market for hardware, security management, and gaming in India.

Hardware and storage devices are popular with various Taiwanese brands having strong presence in India. World leading memory brand ADATA, quality network appliance provider QNAP, power solution provider CyberPower and multi-award winning hardware company GIGABYTE were all on display during the COM-IT Expo.Designer and producer of image scanners and multifunction printers Avision and award winning projector brand Optoma, were also well received during the event.

Research firm Gartner estimates that security spending on hardware, software and services in India is on track to touch USD 1.69 billion mark by the year 2019, of which consumer security software could account for as much as USD 92 million. Edimax is a representative brand of 'Smart Life' IoT products, which features state-of-the-art network cameras, repeaters, smart plugs and a brand new range of door cameras - all incorporated into an easy to use app.

Taiwanese firms also see potential in the country's growing gaming market and aims to add value to it through its innovations in the Virtual Reality space.Virtual reality transports gamers to a different environment, creating a new thrill to the gaming experience. Taiwanese brand MSI is set to offer a never-before Virtual Reality experience for Indian gaming enthusiasts alongside its innovative range of gaming laptops.

Taiwan's participation in the COM-IT EXPO is a part of the Taiwan Industry Image Enhancement Project (IEP) in India, organized byTaiwan's Bureau of Foreign Trade (BOFT) of the Ministry of Economic Affairs (MOEA), and implemented by the Taiwan External Trade Development Council (TAITRA).

The symbol of Taiwan Excellence honors Taiwan's most innovative products that provide tremendous value to users worldwide. All products carrying this symbol have been selected for specific Taiwan Excellence Awards based on their excellence in design, quality, marketing, Taiwanese R&D and manufacturing. Initiated by the Ministry of Economic Affairs (MOEA), R.O.C. in 1992, the symbol of Taiwan Excellence is recognized by 100 countries.

For more information and promotional events about Taiwan Excellence and popular Taiwanese brands, please visit the main site:www.taiwanexcellence.com.tw or the Indian event site: www.taiwanexcellence.in.

The Bureau of Foreign Trade (BOFT) under the Ministry of Economic Affairs (MOEA), R.O.C. is responsible for implementing policies and regulations governing foreign trade and economic cooperation. Established in January 1969, the BOFT's role and position have been adjusted regularly to meet the needs of the ever changing international economic and trade environments.

The BOFT has been guiding and working with the Taiwan External Trade Development Council (TAITRA) in numerous promotional trade projects and activities both internationally and domestically. Having worked closely with TAITRA for many decades, the BOFT continues to commission TAITRA for various critical government projects relating to business, trade and investment, while promoting Taiwan Internationally. (ANI-Newsvoir)

New Delhi [India], May 29 (ANI-NewsVoir): Thought provoking and possible game changing discussions on access, use, disposal and treatment of menstrual hygiene products in India were presented at the one day consultation: Pushing the Boundaries on the MHM Dialogue held here on Monday.

Full Story >>

New Delhi [India], May 29 (ANI-NewsVoir): OPPLE, a global integrated lighting solutions company, and one of World's Leading LED Lighting brand today announced their 'Gold Eagle Club', an elite and exclusive club for their top 8 dealers from all over India.

Full Story >>

New Delhi [India], May 29 (ANI): DigitalF5, the leading digital innovator with vast expertise in the domains of Design and Content, Marketing and Technology, has recently acquired AdClear, a Google Partner Company specializing in the domain of performance digital marketing.

Full Story >>

Jaitley hails GST as 'efficient tax system to curb evasion'

Updated: May 29, 2017 17:16 IST     

Bengaluru (Karnataka) [India], May 29 (ANI): Hailing the Goods and Services Tax (GST) Bill as an efficient tax system for India, Union Finance Minister Arun Jaitley on Monday asserted that the new taxation regime will help in maintaining a strict vigil on tax evasion, thereby strengthening the Indian economy.

Full Story >>

ED attaches 30 kg gold of J. Sekhar Reddy, associates

Updated: May 29, 2017 16:48 IST     

New Delhi [India], May 29 (ANI): The Enforcement Directorate (ED) on Monday provisionally attached 30 kg of gold bars worth Rs. 8,56,99,350 of J. Sekhar Reddy and his associates in lieu of the exchange of old notes to new currency notes under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA).

Full Story >>

New Delhi [India], May 29 (ANI): In the backdrop of a re-branding drive, AWPL on Monday announced its new corporate identity, reflecting the company's transition to help enterprises in the insurance and banking industries to embrace transformation to the digital era.

Full Story >>

PSP Projects makes its debut; opens at Rs. 195

Updated: May 29, 2017 15:24 IST     

New Delhi [India], May 29 (ANI): Multi-disciplinary construction company PSP Projects on Monday witnessed a cut of seven percent as compared with the issue price of Rs. 210.

Full Story >>

HP and KPMG introduce 'GST solution' for traders, MSMEs

Updated: May 29, 2017 14:19 IST     

New Delhi [India], May 29 (ANI): HP India in collaboration with KPMG on Monday announced the launch of a comprehensive, secure and affordable invoicing platform 'GST solution' to help transition millions of traders and Micro, Small and Medium Enterprises (MSMEs) to Goods and Services Tax (GST) regime.

Full Story >>

Finova Capital names Rajiv Sabharwal as its Strategic Advisor

Updated: May 29, 2017 14:03 IST     

New Delhi [India], May 29 (ANI): Fast growing NBFCs based out of Jaipur, Rajasthan and floated by ex-senior banker Mohit Sahney, Finova capital on Monday announced its association with Rajiv Sabharwal as the strategic advisor.

Full Story >>

Pak budget has clear Chinese footprint-Experts

Updated: May 29, 2017 10:49 IST     

Islamabad/Lahore [Pakistan], May 29 (ANI): Financial and economic experts in Pakistan have said that budget proposals announced for fiscal 2017-18, have a clear and visible Chinese footprint.

Full Story >>

Ingredients of an impactful video content strategy

Updated: May 29, 2017 05:03 IST     

New Delhi [India], May 29 (ANI): Video content marketing is the integration of video as a part of content strategy that goes along with other forms like social text posts, banners, posters, photos, blogs, websites, etc.

Full Story >>

New Delhi [India], May 28 (ANI-BusinessWire India): Moving from one place or city to another is a part and parcel of our life. Sometimes we have to move from one place to another for better opportunities or some specific circumstances. Moving to a new place especially with lots of goods and household effects can be tedious and complicated process bringing an individual in stress and hassle.

Full Story >>

Criminal prosecution by IT Dept. surged by cent pct during Modi regime

Updated: May 27, 2017 19:41 IST      By: Shailesh Yadav

New Delhi [India], May 27 (ANI): Criminal prosecution by the Income Tax Department has witnessed a sharp increase of more than 100 percent during the last three years of Prime Minister Narendra Modi-led Government.

Full Story >>

New Delhi [India], May 27 (ANI): Aiming to empower Nagpur's electric mobility drive, Ola and Mahindra on Friday announced their collaboration with the Government of India in a first-of-its-kind programme to build an electric mass mobility ecosystem in Nagpur, which will bring about a transformational change in the automotive and transportation landscape in the country.

Full Story >>

New Delhi [India], May 27 (ANI-NewsVoir): President of India Pranab Mukherjee received the first copies of the book 'Mann Ki Baat' - A social revolution on Radio, at Rashtrapati Bhavan, New Delhi, on May 26, 2017.

Full Story >>

New Delhi [India], May 27 (ANI-NewsVoir): Indian-American Businessman Nitin Khanna entered California with his Cannabis business, the fastest growing industry in America. As more states legalize recreational use, the demand for premium cannabis is expected to increase. With a population of 39.1 million, California is the largest market in America within this industry; it was also the first state to legalize the medical use of marijuana back in 1996.

Full Story >>

Epson launches express service centres in NCR

Updated: May 27, 2017 09:23 IST     

New Delhi [India], May 27 (ANI): Digital imaging and printing solutions provider Epson on Friday announced the inauguration of two express service centres in Noida and Gurugram.

Full Story >>

Pune (Maharashtra) [India],May 26 (ANI-Businesswire India): Bajaj Finserv, India's most diversified financial company, through its lending arm Bajaj Finance, is offering home loans at just 8.50% for a limited period. The special offer is valid till May 29, 2017.

Full Story >>

Jugnoo takes a big leap in restaurant aggregation

Updated: May 26, 2017 16:51 IST     

New Delhi [India], May 26 (ANI-Newsvoir): Jugnoo, India's leading hyper local startup, offering a diverse range of services like rides, ready to eat meals, restaurant food delivery, grocery and B2B Delivery, records phenomenal growth for its restaurant aggregator vertical, menus.

Full Story >>

GST Bill unanimously approved in Tripura

Updated: May 26, 2017 15:15 IST     

Agartala (Tripura) [India], May 26 (ANI): On the concluding day of the three-day session of the Tripura Assembly on Thursday, the Left-ruled state approved the Goods and Services Tax (GST) Bill unanimously by voice vote.

Full Story >>