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Textile Sector has immense opportunity in India; Experts from Taiwan addressed in a webinar organized by TAITRA

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In order to familiarize Indian enterprises with the latest developments of Taiwanese textile machinery, a webinar was held on April 29th, 2021. The webinar was organized by the Bureau of Foreign Trade (BOFT), MOEA, Taiwan, (R.O.C.) and the Taiwan External Trade Development Council (TAITRA).

Taiwan’s textile machinery industry enjoys a sterling global reputation because of its ability to deliver outstanding products. With its emphasis on high quality and reliable service, the industry excels at providing flexible technologies and textile-integrated systems.

Taiwan is the sixth largest textile exporter globally. Taiwan accounts for 70% of the world’s output of functional fabrics. The export value of Taiwan’s textile machinery was more than US $450 million in 2020.

screenshot-taitraThe representatives from four leading Taiwanese textile machinery companies, namely: LOGIC ART AUTOMATION, PAILUNG MACHINERY MILL, ACME MACHINERY INDUSTR, and HSING CHENG MACHINERY, presented their latest solutions and technologies.  Also they said the textile industry has always brought opportunities in India and they emphasized the possible association between Indian and Taiwan companies. The event attracted over 275 viewers.

The webinar offered the ways of various smart manufacturing solutions of textile industry which will lead to the advancement in manufacturing capabilities, cross-industry collaboration. Also the speakers explained the issues and solutions in areas such as Weaving, Spinning, Dyeing and Finishing and among others.

The following speakers from Taiwan addressed in the webinar on the relevant topics:

Speaker Topic
Mr. Fred Liang – Logic Art Automation

Co. Ltd

Dye-House Total Solution
Mr. Mason Chao – Pailung Machinery Mill Co. Ltd, Need of Smart Knitting
Mr. C.L. Chang, ACME Machinery Industry Co. Ltd New Generation Eco-Friendly Intelligent Conveyer Drive Dyeing Machine
Mr. Alfie Lin – Hsing Cheng Machinery Ind. Co. Ltd., Continuous Washing Range in Rope Form.

Taiwan’s textile industry becomes the most preferred partner for major international brands nowadays.

The exchange of ideas and sharing of best practices in this webinar created new avenues for collaboration between the textile companies of Indian and Taiwan.

About Taiwan Excellence:

The Taiwan Excellence Award, jointly created by The Bureau of Foreign Trade (BOFT) and the Taiwan External Trade Development Council (TAITRA) in 1992, aims to cultivate Taiwanese companies. Today, the Taiwan Excellence Award is the highest accolade Taiwanese products can receive. The symbol of Taiwan Excellence embodies Taiwan’s rise to the global ranks of quality manufacturers in terms of innovation, design and manufacturing, and represents the gold standard for Taiwanese products to compete on the global stage.

About the Bureau of Foreign Trade (BOFT), MOEA:

The Bureau of Foreign Trade (BOFT) within 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 continuously evolved 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 domestically and internationally. Having worked closely with the TAITRA for many decades, the BOFT continues to commission the TAITRA for various critical government projects related to business, trade, and investment, while promoting Taiwan internationally.

About the Taiwan External Trade Development Council (TAITRA):

Founded in 1970 to promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit, semi-governmental trade promotion organization in Taiwan. Jointly sponsored by the government, industry associations, and several commercial organizations, the TAITRA assists Taiwanese businesses and manufacturers in reinforcing their international competitiveness and addressing the challenges they face in foreign markets. The TAITRA boasts a well-coordinated trade promotion and information network of over 1,200 international marketing specialists stationed in its Taipei headquarters and 50 overseas offices worldwide. Together with its sister organizations, the Taiwan Trade Center (TTC) and the Taipei World Trade Center (TWTC), the TAITRA has created a wealth of trade opportunities through effective promotion strategies.