Forging Strong Bonds

India’s growing car manufacturing and production sector, supported by demographic dividend and growing infrastructure, is a highly lucrative market for the Taiwanese companies. Being the world’s 5th and the largest in the car manufacturing and production, the Indian automotive industry seeks more smart manufacturing solutions as modern machine tools and advanced manufacturing technology are playing a highly critical role in the increasingly competitive automotive industry.

This has enabled Taiwanese companies to step in to fill the gap with their vast experience and expertise in advanced metal processing and manufacturing solutions. The country continues to be the world’s 7th largest producer and 4th largest exporter of machine tools.

Taiwan External Trade Development Council (TAITRA) shouldered the responsibility of acquainting key Taiwanese machine tool manufacturers with the Indian manufacturing industry through the three-city forum held at Delhi, Pune and Chennai. The forum, in the form of a roadshow, had leading Taiwanese manufacturers of precision stamping, press machines, CNC machines and grinder machines etc. demonstrate their latest metalworking technologies and share how they can create value-added smart manufacturing solutions for future manufacturing upgrade.

Specialists from Taiwan

Among the ones visiting India were Taiwanese industry stalwarts Tongtai Group, SEYI, FFG, Palmary Machinery, and G-Shank Enterprise.

G-Shank Enterprise, the largest precision stamping company in Asia having 45 years of experience and 5000 partners worldwide, showcased its one-stop solution for Die Design, Stamping and Automated Assembly to the Indian audience.

Taiwan’s top most automotive component solution provider, Tongtai Group presented to the Indian sector its strong engineering capability for providing all types of solutions from SPM to a totally automated production line with complete tool-up machines.  

SEYI, a leading manufacturer of medium-large servo presses, showcased its capacities.

Palmary Machinery, the largest cutting-edge grinder exporting brand in India from Taiwan, showed its grinding machines with a total solution and was joined by YCM, which specializes in machine tool manufacturing and FFG, world’s largest machining center manufacturing group and the largest machine tool group in greater China.

Taiwan delegates at the Pune forum explaining the benefits Indian manufacturers can derive through collaboration

Successful three-city forum

The three-city event, organized to raise awareness regarding the expertise of Taiwanese machine tool manufacturers, received an overwhelming response from the Indian manufacturers looking for innovative solutions to enhance their manufacturing competitiveness in the market. Attended by more than 400 people across New Delhi, Pune and Chennai, the forum received a massive support from leading Indian car manufacturers such as TATA, Mahindra, Ashok Leyland, etc; tier 1 and tier 3 car manufacturing supplier chain; various industrial associations like SIAM, ACMA, FISME, CII, CMAI, etc., and government bodies like Tamil Nadu Industrial Guidance & Export Promotion Bureau.

Acting as a catalyst in the process of strengthening the bond between Indian manufacturers and suppliers and Taiwanese machine tool industry, the event witnessed Taiwanese delegates giving presentations on their offerings, interacting one on one with the attendees, and explaining their strengths to them. They also expounded on the benefits the Indian manufacturing sector can derive by using Taiwanese machinery.

During the roadshow, the Taiwanese delegation had the opportunity to visit some Indian facilities such as Bharat Forge, Munjal Showa, TATA Motors and so on which helped them get acquainted on the requirements of the Indian market. The interest generated towards Taiwanese machinery can be gauged by the fact that each of the Taiwanese delegates are in discussion with six to seven medium- and large-sized potential buyers and are hopeful of a positive result in the second half of the year.

TAITRA delegates expounding on Taiwanese expertise in machine tools at the Chennai event

Source: Taiwan External Trade Development Council (TAITRA)

---

---