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2017-08-22
TECHNOLOGY-IESA-TAIWANIESA opens first overseas office in Taipei [Picture]
[Uniindia] 

Bengaluru, Aug 21(UNI) To boost global investments in the 
electronics manufacturing sector, the India Electronics and 
Semiconductor Association (IESA) has launched of its first ever 
international office in Taipei, Taiwan. 

Dr Mignonne Chan, Director General, IESA (Taiwan) along with 
Mr Ashwini K Aggarwal, Chairman, IESA and delegates from partner 
states of Andhra Pradesh, Chhattisgarh and Kerala were present at 
the IESA - Taiwan office launch, yesterday. The office is housed in 
Taipei 101 Office Tower. 

Both India and Taiwan attach immense importance to the event with 
100 key players drawn from business, government, academia and media 
gracing the inauguration, an IESA release said here today. 

Speaking at the launch, Mr Aggarwal said Taiwan office 
inauguration was part of IESA’s goal to improve collaboration on 
manufacturing capabilities between Taiwan and India. India has seen 
emerging green shoots in the Electronics, Systems Design and 
Manufacturing space in the recent times. 

''It has received a strong response to its ESDM policies and has 
seen evolution of its Solar Fab and a number of marquee industries. 
We are very excited by the synergies that the countries would derive 
from this partnership. Taiwan is home to one of the most robust 
semiconductors & electronics ecosystems in the world and is by far 
the largest consumer of semiconductor materials,'' he said. 
He said India had a strong proposition to offer to Taiwanese 
investors, and look forward to enabling the trade bridge between the 
countries. 

In 2015, India's ESDM industry was sized at USD 82 billion 
growing at a CAGR of 8 per cent from 2013. By the end of 2017 the 
sector will become a USD 100 billion opportunity and is forecast to 
grow further at a CAGR of 16 - 23 per cent to reach US$171-228 
billion by 2020.         UNI RS MSP HVB1226

Out-of-the-Box Consultancy::Dr. Mignonne Man-jung Chan

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