The three-day EMMA Expo India 2013 has been organized at the Chennai Trade Center with a grand opening ceremony. The Expo was organized by the Taipei World Trade Center (TWTC) along with Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), Taiwan Association of Machinery Industry (TAMI), and Taiwan Transportation Vehicle Manufacturers’ Association (TTVMA), under the auspice of the Bureau of Foreign Trade (BOFT), Taiwan in association with Standard Chartered Bank and the Federation of Indian Chambers of Commerce and Industry (FICCI).
San Gee, Vice-Chairman, Taipei World Trade Center (TWTC), said, TWTC is committed to building bilateral ties between India and Taiwan that will benefit both the nations. The expo, for the past six years, has been bringing advanced technology and unique business solutions to India and will continue to excel it its offerings. With the introduction of education, we believe that EMMA Expo is an all-in-one platform that will augment the growth of both nations.
Woody Tyzz-Jiun Duh, Vice Minister of Economic Affairs, Taiwan, said, During the past seven years, bilateral trade between Taiwan and India has grown from US$ 4.9 billion in 2007 to US$6 billion in 2012. From January through July in 2013, bilateral trade has already reached US$3.89 billion, compared with US$3.68 billion for the same period in 2012, with an increase of 5.7%, a sign that bilateral trade will continue to grow.
The three-day exposition attracted 3,800 visitors, including buyers from India and neighbouring countries such as Bangladesh. It was estimated that the EXPO will generate about US$17.5 million in business opportunities.
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