'India is destination for Oz exporters'

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Puducherry, Dec 8: India has emerged one of the most important markets for Australia with products worth 11 billion dollars being exported to the country every year, according to Australian Consul General and Trade Commissioner for South India Aminur Rahman.

Inugurating a seminar on 'Doing Business with Australia' jointly organised by the Australian Trade Commission and the Confederation of Indian Industry (CII) here last night, he said Australia had already invested four billion dollars in India, its fourth biggest export market.

The seminar was conducted as part of the Australian Trade Commission's 'Utsav Australia' programme, an Australian Government initiative to accelerate its commercial engagements with India.

It highlighted Australian expertise in health, infrastructure, agri business, food and beverage and tourism sectors.

Mr Rahman said Australia could provide value-added competitive solutions and expertise to traditional and emerging business sectors in the Union Territory.

Stating that there was lot of scope for collaborative ventures in Australia, Mr Rahman said a road-show would be held in Australia and a seminar in Puducherry next year with focus on IT, tourism and education sectors.

Speaking on the occasion, Puducherry CII Chairman Chinnasamy called for fresh investments in the Union Territory.


UNI

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