A senior level delegation led by the Additional Secretary of India's Ministry of Information Technology (IT) is visiting Taiwan from May 31 to June 3, 2010. The delegation includes representatives from union as well as state government ministries and departments besides senior industry dignitaries representing a cross-section of the electronics industry in India.
The main objectives of the delegation are to explore the possibility of cooperation between the IT industries of India and Taiwan, and promote Taiwanese investments in IT hardware manufacturing in India. As Transcend is one of the leading IT companies in Taiwan, the delegation visited Transcend on May 31 to understand its operations and future plans. During the visit, the Indian delegation also conducted a brief presentation about the Indian IT industry and investment opportunities.
"Transcend is honored to host the high-level IT delegation and exchange views on current affairs and future collaborative opportunities", said Austin Huang, Sales Director of Transcend Asia. He also underlined that India is an attractive country for investment and that Transcend has had huge success and market acceptance in India in recent years. "In addition, more and more Indian IT companies are now realizing the importance of the memory industry and want to tie up with Transcend for further cooperation," said Mr. Huang.
"The visit to Taiwan is to strengthen understanding and to seek further cooperation between Taiwan and India," said Mr. Rakesh Singh, the Additional Secretary of India's Ministry of Information Technology. Mr. Rakesh Singh also proposed to increase international trade of IT products such as PCs, networking components and memory products in the future.
India is the seventh-largest country by geographical area and the second-most populous country with over 1.1 billion people. The purchasing power of India is currently ranked No.4, and Indian consumers purchase more than one million personal computers on average every year. In 2009, India's nominal GDP stood at US$1.243 trillion, which makes it the eleventh-largest economy in the world. With an average annual GDP growth rate of 5.8% for the past two decades, the economy is among the fastest growing in the world.
Government representatives
Mr. Rakesh Singh, Additional Secretary, Ministry of Information Technology
Mr. L.B. Singhal, Director General, Foreign Trade, Department of Commerce, Ministry of Commerce and Industry
Mr. Deepak Sharma, Additional Director, Ministry of Information Technology
Mr. Ravi Saxena, Secretary, Department of Science and Technology, Government of Gujarat
SEZ representatives
Mr. R.K. Sonthalia, Chairman, Enfield Infrastructure SEZ, Kolkata
Mr. O.P. Kapoor, Deputy Director General, Export Promotion Council for SEZs
Mr. Ajay Nijhawan, Senior Vice President, Reliance Haryana SEZ
Mr. R.V.S. Kadavakolanu; Director, Business Development, Seer Academy Pvt. Ltd., Hyderabad
Mr. Harsha Nelakanti, Seer Academy Pvt. Ltd., Hyderabad
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Industry representatives
Mr. Dushyant Thakor, General Manager, Invest India
Mr. Ramamurthy Sivakumar, Managing Director, Intel Technology India Ltd
Mr. Vijay Malhi Senior, Vice President, Moser Baer
Mr. Anand Prasad Arkalgud, Associate Vice President, Infosys Technologies
Mr. Rajesh Raizada, Vice President, HCL Technologies
Mr. Pankaj Mohindroo, National President, Indian Cellular Association
Mr. Shibu Abraham Tharakan, Senior Executive, KPMG
Mr. Rajiv Jain, Vice President, Indian Semiconductor Association
Mr. Sanchayan Sinha, Manager, Applled Micro Circuits Corporation (AMCC) India
Mr. Sujit Chatterjee, Head, Greater China Region, Tata Consultancy Services (TCS)
About Transcend
Transcend is a globally recognized leader in the manufacture of memory products and peripherals. Established in 1988, Transcend offers a full line of standard and proprietary memory modules, USB flash drives and portable hard drives, solid-state disks, MP3 players, flash memory cards, card readers, and multimedia products. Transcend has manufacturing facilities in Taiwan and China, and has offices in the United States, the United Kingdom, Germany, The Netherlands, Japan, Taiwan, and China. For more information, please visit www.transcend.co.in