Meeting with H.E. Baushuan Ger, Representative, Taipei Economic and Cultural Center in India, 22nd September 2022, The Bengal Chamber Premises
H.E. Baushan Ger, Representative, Taipei Economic and Cultural Center in India visited The Bengal Chamber of Commerce and Industry on 15th September 2022 and had a luncheon meeting with Mr. Abraham Stephanos, President; Mr. Indrajit Sen and Mr. Ambarish Dasgupta, Former Presidents; Mr. Subhodip Ghosh, Director General; Ms. Angana Guha Roy Chowdhury, Assistant Director General, The Bengal Chamber. He was accompanied by Madam Hui-Chen Chen Ger; Ms. Estela Chen, Executive Director; Ms. Allison Chao, Assistant Representative and Mr. Andy Jian, Assistant Representative, Taipei Economic and Cultural Center in India; Mr. Steven Liu, Director, Taipei World Trade Center, Liaison Office in Kolkata and other officials of the Centre. The Bengal Chamber was also represented by other senior officials.
HE Baushan Ger, Representative, Taipei Economic and Cultural Center in India, spoke about beauty of the City of Kolkata and how it has changed from past.
He mentioned that India and Taiwan need FDI to increase bilateral business. Increase of trade will, in turn, encourage Taiwanese companies to set up industries in India of which West Bengal may take the benefit by attracting investors suitably.
According to HE Baushan Ger, people in Taiwan understand India. But people of both countries do not visit each other much. This can be bridged if tourism is promoted by both the countries. Tea Tourism was suggested by him. Buddhist Tourism was suggested by Mr. Abraham Stephanos. People to people connect will also help in business collaborations. Organic foods also have scope of exporting from India as Taiwan imports 30% of the food they eat.
In the other South East Asian Countries, Taiwan's investment is significant. But such investments are still not visible in India. Investments of Taiwanese Companies from some of these countries may be channelized to India for interest of both Taiwan and India. Gaming industry also has great potential.
Banking Institutions from Taiwan need to come to India to encourage and facilitate Taiwanese companies operating here. Most of the Taiwanese companies are SMEs. Therefore, favourable financial support is needed by them. Currently there is only one bank operating in New Delhi and Chennai.
The Bengal Chamber may also create a forum for capital financing from Taiwan.
There is a need to increase the awareness in India regarding the expertise of Taiwanese companies , though there are existing continuous B2B Meetings organized by Taiwan Liaison Office in Kolkata and The Bengal Chamber of Commerce and Industry. Exhibitions of Taiwanese products and technologies in Eastern part of India are needed. Roadshows of Taiwanese companies may be organized in West Bengal and vice versa of Indian companies in Taiwan. The Bengal Chamber may facilitate this.
International schools in Taiwan and India can encourage students to study in Taiwan and India.
India Taiwan Industrial Summit will be held on 3rd November 2022. Discussions will be held on green energy, smart city and electric vehicles.