FAIITA leadership has realized that channel business in India which is main stay of business of most of the FAIITA members is undergoing lots of changes and transformation effecting their profitability and sustainability.
Traditionally Laptop and other computing devices are most focus business of the channel whereas in total IT business their contribution is around 30 percent only. Lots of opportunity existed in other segments of IT & ITES as well as manufacturing.
FAIITA team for last 1 year has been working towards making getting these new opportunities to FAIITA members and for that purpose reached out to Taiwan Computer Association and TAITRA who organize Computex every year at TAIWAN.
Lots of members if FAITTA member associations visited the COMPUTEX at TAIWAN from 30th May to 2nd June 2023 to explore the new technologies and business tie ups.
FAIITA President along with President FITAG and President TAIT were also invited to attend the inaugural function presided by the Hon’ble President of TAIWAN. President FAIITA also addresses the India Taiwan Cooperation Forum on subject of “Industry Insight: India’s Market potential and Industry Readiness”.
President TAIT and Founder President Shri Champak Gurjar was part of round table discussion. On behalf of TAIWAN Dr Chen –yu-Lee, CEO TCA, Dr J B Xiao, General Secretary, CSF were present and addressed.
Dr Denis Hu Ex CEO TCA and presently President FCCI conducted the round table discussion. He also hosted a Lunch to honour President FAIITA next day. Jt Secretary Govt Of India Shri Amitesh Kumar Sinha, Shri Gaurangalal Das Indian Ambassador to TAIWAN also addressed the gathering.
FAIITA President briefed about the FAIITA and how members of FAIITA and Taiwan Industry can collaborate to create Joint Ventures, Continuity of B2B meetings, and alignment of TAIWAN brands in Indian IT distribution system. Keynote address of FAIITA President was highly appreciated. Members of FAIITA who are interested in any tie up and collaboration can get in touch with FAIITA VP Shri Mitesh Dave who is engaging with TCA on behalf of FAIITA.
Continuing the agenda of creating new opportunities, FAIITA aligned with HKTDC and held a Webinar on “Explore & Expand the Global Business Opportunities via Hong Kong”.
This event was targeted towards enhancement of business on product side where the FAIITA members engaged in Channel Business have huge opportunity to get in to tie up with new brands & products.
On behalf of FAIITA President Shri Devesh Rastogi made welcome address and Shri Navin Gupta Secretary gave a Vote of Thanks.
Speaking on behalf of HKTDC, Ms. Shirley Ng, Director South Asia and Thailand, HKTDC told the members how HKTDC works and how Indian Trade can partner with HKTDC is sourcing and collaborating.
Shri Rajesh Bhagat, Consultant, South Asia, HKTDC guided the FAIITA members on how to Leverage on HKTDC’s Trade and Investment and get benefitted from them. He also informed that next Exhibition will take place in HongKong in October and invited FAIITA members to attend the same.
President in his welcome address discussed the great opportunity lies at HKTDC shows where over 3000 vendors are available for the business. FAIITA VP Shri Samir Parekh will support and align any FAIITA member who want to visit the HLTDC show and is looking for the partner in Hongkong or Mainland China.