A contingent of more that 100 Australian businesses is heading to India as part of an ongoing push to strengthen economic and investment ties between the counties.
Trade Minister Simon Birmingham said the mission to one of the world’s fastest-growing economies was to help open new doors for Australian businesses.
Education, tourism, health, resources, infrastructure and premium products – such as food, wine and beauty – were all in focus for the contingent.
“We want to make sure Australian businesses are front and centre as India’s economy grows over the next 20 years,” Senator Birmingham said in a statement on Saturday
“India’s economy is rapidly transforming, predicted to be the third largest in the world by 2035, and this presents huge opportunities for Australian businesses across a range of export sectors.”
The delegation will travel to New Delhi, Mumbai and Bengaluru between February 24 and 27.
Minister Birmingham will also hold bilateral meetings with key ministerial counterparts during the trip.
The visit is part of Austrade’s Australia-India Business Exchange, a multi-month program of events to deepen trade, investment and tourism engagement between the two countries.
India is Australia’s eighth-largest trading partner and fifth-largest export market, with two-way goods and services trade valued at $30.3 billion in 2018/19.
Credit: Source link