MUMBAI: Grey Group has formed a strategic alliance with a Taiwan-based ad agency, Eastern Advertising.

Eastern Advertising CEO Paul Tsai said that the industry is currently experiencing significant challenges particularly with the advent of digital marketing in the total integrated communications mix. “Together with Grey Group‘s global resources, this opportunity will drive our agency ahead in the market”.

Grey on its part is in an expansion mode across the Asia Pacific region. Most recently, the Group agreed to acquire a majority stake in Campaigns & Grey in the Philippines.

Eastern Advertising serves international and local clients including Panasonic, Fujifilm, AURORA, Kanebo, Brappers, Marilyn, Sealer, Tombow, Joy English School, Ching Yeh Paint, Taiwan Beer, Ten Ren Tea, Pop-Smile and SHS.

Grey Group Asia Pacific chairman and CEO Nirvik Singh stated, "This move reaffirms our commitment to the important Taiwan market. Eastern Advertising is a highly respected pioneer in the industry with an unparalleled wealth of local knowledge and business know-how, as well as an immense understanding of Taiwanese consumers across categories.”