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Doing Business with Australia showcased in Jharkhand

“Doing Business with Australia” Seminar held in Ranchi focuses on potential for Australian partnership with businesses in Jharkhand

 
PRLog - Jun. 21, 2010 - CHENNAI, India -- The Australian Trade Commission, the Australian trade and investment development agency of the Australian federal government presented business & investment opportunities with Australia for businessess based in Jharkhand at the seminar on "Doing Business with Australia" held in Ranchi on 18 June 2010

Organised by the Australian Trade Commission in partnership with the Confederation of Indian Industry (CII) and supported by the Queensland Government, the seminar is the part of the Australian Trade Commission’s Utsav Australia (Celebrate Australia) programme – an Australian Government initiative to accelerate Australia’s commercial engagement with India and raise awareness of Australian industry capability amongst the Indian business community.

The seminar showcased the potential business & investment opportunities with Australia in sourcing Australian technology, products and services; investing in Australia and potential joint venture partnership and investments. The seminar specifically highlighted Australian expertise in mining & resources; and the value-add of Australian companies to the minerals & explorations business in Jharkhand.

Speaking at the seminar, Michael Carter, Trade Commissioner – North India, Australian High Commission said, “Jharkhand is a very significant emerging business destination for Australian companies. Australia can provide value-added competitive solutions and expertise both in traditional and emerging sectors for businesses in Jharkhand. Sectors of potential Australian involvement in Jharkhand include mining, minerals & resources; agribusiness; hospitality; water management & waste disposal; professional & business services (legal & HR services), education & training, hospitality, franchising, sports services and education. The Australian Trade Commission also welcomes businesses and entrepreneurs from Jharkhand to invest in Australia”.

According to Mr. A. K. Saxena, Convenor, CII Environment Committee Jharkhand, “The Confederation of Indian Industry (CII) is happy to partner with the Australian Trade Commission to organise this Seminar.  CII looks forward to working closely with Australia in realising the potential that exists for two way trade and investments and strategic partnerships for the benefit of both. This seminar is a very important step to further accelerate trade and investments between India and Australia”.

The seminar was sponsored and supported by the Queensland Government.

Queensland Government

The Seminar also showcased specific business & investment opportunities in the state of Queensland in infrastructure, building & construction; clean energy, mining & resources, food & agribusiness and education.

According to Rod Solomons, Queensland’s Trade and Investment Commissioner to South Asia, “Queensland is rapidly growing its commercial engagement with India and India is currently Queensland’s second largest export market. Queensland currently accounts for 43% of Australia’s merchandise trade with India. An increasing number of Queensland exporters are securing business in construction, green building, mining technologies & services, education & training, tourism, aviation and biotechnology”.

“In parallel with this increased success in export business from Queensland into India, the Queensland Government is also very focused on securing new investment from India into Queensland, especially in the resources and energy sector. In so doing we will improve bi-lateral trade between our two countries, especially in so far as the state of Queensland is concerned”, said Rod Solomons.

Doing Business with Australia

Australian technology, expertise and solutions is on offer for Indian businesses in the areas of roads, ports, airports and railways; power sector; mining; oil & natural gas including LNG; biotechnology; health & medical; machinery, manufacturing & nanotechnology; green building; clean energy & environment; urban infrastructure; automotive; aerospace & aviation; security & defence; drugs and pharmaceuticals; information technology; marine; water management, soil conservation & waste disposal; food processing & agribusiness; packaged food products; wine; fashion & franchising; film & television; processing of gems & jewellery; financial services, professional & business services (legal & HR services), education & training, hospitality, franchising, sports services; tourism and education.

Australia can be the ideal investment destination for Indian organisations seeking international expansion to, secure access to natural resources (coal, gas and mineral deposits) and create assets (technologies, brand names and distribution networks). Australia is amongst the most significant investment destination for India. In 2009-10, the Australian Trade Commission facilitated more than A$ 700 million investments from Indian into Australia in the tourism, hospitality, mining, aviation, ICT and education sectors.

The Australian Trade Commission will assist Indian corporations to source products, technology, services and solutions from Australia; identify potential Australian business partners and explore investment opportunities in Australia.

For more information on accessing Australian expertise and locating Australian partners, email to utsavaustralia@austrade.gov.au or visit www.utsavaustralia.in

# # #

The Australian Trade Commission is the Australian trade and investment development agency. In India, The Australian Trade Commission facilitates business opportunities; joint ventures & collaborations between Australian & Indian companies. The Australian Trade Commission offers advisory services for Australian corporations on market opportunities, market entry & investment strategies in India. The Australian Trade Commission assists & supports Indian corporations to source products, technology, services and solutions in Australia & identify potential business partners. For more information, please visit www.utsavaustralia.in

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Contact Email:
***@austrade.gov.au Email Verified
Source:P S Krishnan
Phone:91 44 42970010
City/Town:Chennai - Tamil Nadu - India
Industry:Agriculture, Education, Food
Tags:australian trade commission, jharkand, ranchi, michael carter, australia
Shortcut:prlog.org/10749554
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