The restructuring of global supply chains is accelerating Taiwan’s machine tool industry expansion across Asia-Pacific markets. India, South Korea, and ASEAN are emerging as key growth drivers, supported by manufacturing upgrades and rising demand from semiconductors, EV batteries, and precision processing. The forum highlighted market trends, customs data, and corporate case studies, emphasizing that Taiwanese companies should strengthen local services, digital marketing, customized solutions, and resilient supply chains to capture opportunities in India and ASEAN and enhance global competitiveness.
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Exhibition was held in New Delhi in July, attracting nearly 400 exhibitors worldwide, including eight Taiwanese companies organized by the association. The event focused on CNC machines in line with the “Make in India” initiative, while automation demand remained limited. Taiwan exhibitors actively sought partnerships, noting India’s vast market potential but facing challenges such as price sensitivity and incomplete supply chains. To succeed, Taiwanese firms should integrate resources, offer one-stop solutions, and adopt group marketing strategies to capture opportunities in the Indian market.