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India's Gujarat invites Taiwan to build its industrial park there

2011/02/25 16:05:30

Ahmedabad, India, Feb. 24 (CNA) The leader of the Indian state ofGujarat is enticing more Taiwanese investors into his state with anoffer of land, neighboring the capital city of Ahmedabad, on whichTaiwan could build an industrial park.

Chief Minister Narendra Modi made the offer during a meeting withTaiwan's Council for Economic Planning and Development MinisterChristina Liu Thursday. Liu is leading a Taiwanese delegation on avisit to the western Indian state.

Expecting India to become the world's largest 3G and 4G market inthe near future, Modi touted the synergies of business cooperation bysuggesting Taiwan and Gujarat forge ties in research and design forcomputing and mobile devices.

Taiwan is the hardware expert and India is good at producingsoftware. Taiwan and Gujarat could benefit from cooperation, Moditold Liu.

Modi also welcomed Taiwan to join a project to build Asia'slargest solar energy park in Gujarat.

Liu and the 90-member Taiwanese delegation started their five-dayIndia trip on Monday. The trip aims to explore business opportunitiesbetween the two countries.

The delegation is the largest in which the Taiwan government hasever organized to explore business opportunities in India. They heldan investment presentation Thursday in Ahmedabad and attracted morethan 50 Indian business leaders to attend.

Before traveling to Ahmedabad, the delegation also held meetingsin New Delhi and Mumbai. They are scheduled to return to TaiwanFriday.

(By Ho Hung-ju and Elizabeth Hsu)