As urbanization advances, developing countries are trying to solve city management issues using technology. As a result, developing smart cities is a core policy being promoted by governments. ‘Smart City Mission’ is an urban renewal and retro-fitting program developed by the Indian government, which aims to develop 100 cities across the country. The estimated project investment is $3 billion dollar by 2022. By providing citizens with a friendly and sustainable environment, potential industrial innovations and economic development are limitless.
Taiwan has a robust smart city industry equipped with an entire ICT supply chain, vast experience in research and manufacturing that serves as its foundation, and abundant smart city applications. Taiwan provides its urban residents with a variety of convenient smart living solutions.
India Taiwan Expo, organized by the Taiwan External Trade Development Council (TAITRA), kicked off on May 16 at the Pragati Maidan Exhibition Center in the country’s capital, New Delhi. The three-day-exhibition not only attracted 20,000+ Indian visitors who can further understand Taiwan’s different culture, and software and hardware industries, but also created a bridge among Indian government agents, buyers and Taiwanese companies.
The India Taiwan Expo saw its IoT Smart Living Pavilion exhibiting 10 Taiwanese companies, including ITRI, PaKing, JS Power, OmniEyes, and more. These companies focus on smart transportation, smart security and safety, and smart home. ITRI demonstrated SWAGO, an electric motor vehicle sharing system, which meets both the local public and government needs. On the one hand, local buyers showed great interest to further discuss cooperation and technique exchange. On the other hand, India’s government is promoting an electric-power vehicle policy to solve air pollution. In this regard, the prime minister’s office led the Ministry of Electronics and Information Technology and Investment Department to understand the feasibility of feature application.
With large domestic market demand, India has plenty of business opportunities. TAITRA helps Taiwanese companies explore new business opportunities in the global market.