Software Investor India

FTA will boost bilateral trades between India, Taiwan

The bilateral trade between India and Taiwan in the last ten years grew by nearly six times to $6.47 billion in 2010 with Taiwan's exports to India being $3.60 billion. Though it is balanced trade between the two countries, there is a huge scope for improvement in business as global companies are looking at India to set up major manufacturing hub (due to cost escalation in China) and Taiwan can help in export of machinery and auto spare parts to India. While India's strength is in software, Taiwan's is in hardware.

Both countries can jointly form a strong force in the international market, feels Mr Francis Kuo-Hsin Liang, Vice-Minister, Ministry of Economic Affairs, Taiwan. This department has implemented various economic policies and measures to help industries reinforce their competitive advantage at different stages in Taiwan's economic development.

On his first visit to India, Mr Liang had meetings with various stakeholders in Delhi, Mumbai and Chennai. He took some time to speak to Business Line on various issues, including the Free Trade Agreement (FTA) and India's complex tax system, on the sidelines of the three-day Emma Expo India, which showcases Taiwan's electronic & ICT products, machinery, moulds and auto-parts to the Indian market.

Excerpts from the interview:

On your first visit, what is your assessment on the bilateral trade?

India has abundant natural resources. It is strategically located in the world trade map and has ample supply of human resources and importantly a large domestic market. In Taiwan, we do not have any of those but have a large educated workforce; advanced technology development and big in ICT (information, communication and technology), machinery, electronics and management. Both the countries can combined our respective strengths to form a strong force in the international market. I truly believe in this.

India's Top Portfolio Management Software Invest Plus Launches Its ...

Ahmedabad, Gujarat -- ( SBWIRE ) -- 08/17/2011 -- The software provides features like keep record of all your investment, keeping accounts of each and every thing taking from saving details of your assets to your Stock, Mutual Funds, F & O ,securities ,loans, Policies, PPF, Fixed deposit etc. , and also the more than 300 different report which it provide helps you automatically generate reports ranging from your Balance-sheets to your investments in different sectors thereby giving you an edge while managing your finances. Its facility of data-basing gives an individual anonymity which one wants when dealing with such important matter, it also helps you print all the 300+ report that it provides which makes one feel all the more urge for disciplining one’s finances. There is another feature which helps you develop automatic Graphs & Charts which gives you a clear idea regarding how much you are investing in which sectors as well as the Commenting on this, Mr. Mitul Dadhania, Managing Director Ideas Infosoft Private Limited, points out that “Reason behind releasing free version is that we want people to manage his financial data much efficient and high-tech way, from last many year and decade people are managing financial data by keep all record in filing and maintaining diaries or easiest tech way by managing excel sheet, but it’s not enough. Managing your financial life or portfolio is as important as doing investment for your family or future. He also point out “Invest Plus is integrating both banking and investment portfolio. Banking cannot be ignored whenever we want to build an investment portfolio. If you want to prepare a balance sheet of your own assets and liabilities, you need to have all the transactions integrated whether it is banking or investment. Keeping this in mind Invest plus is geared with all personal accounting and investment features. For example, when you make a payment for Mutual Fund SIP, bank account must get debited. Thus, bank accounting or banking is integrated with Investments.” Further he adds “We at IDEAS believe that our customer is our innovator, We don't want Invest Plus to miss on anything. Indian people have their own custom requirements. So we have put up a dedicated help-line for our customers and we were getting requirements for their own need based features from new as well as existing users, and we try to accommodate those by the help of our R & D department. “.

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