Australia invites Indian companies to invest in mining explorati

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New Delhi, Mar 13 (UNI) The Australian government has invited Indian entrepreneurs to form Joint venture's, Partnership with South Australia companies in areas like mining exploration for copper, uranium, gold, zinc and zircon and defence sector.

The Premier of South Australia Mike Rann extended invitation to India, which also included areas such as naval shipbuilding, submarine support, systems integration, electronic warfare, surveillance and defence research and development.

''Our government is also seeking collaboration in knowledge-based industries such as vocational education, bio-science, information and communication technology. In addition they are keen to offer scholarship in field of engineering, hospitality and business,'' Mr Rann added.

In addition he said, his government would cooperate Delhi government for infrastructure development during the commonwealth games in 2010. In this regard he will be meeting the Delhi Chief Minister.

''South Australian government are inviting Indian companies to invest in major projects of South Australia, particularly in sectors like urban development, minerals and energy, defence&aerospace, education, health, water management, infrastructure and manufacturing,'' Chief Executive Raymond Garrand (Deptt of Trade&Economic Development, Government of South Australia) said.

Vishnu Dusad, Co-Chairman, India-Australia JBC, FICCI said, that the immense potential lies in the sectors such as financial services, IT, biotechnology, drugs and pharmaceuticals, infrastructure development, power, mining, LNG, food processing, agribusiness, tourism and education for further enhancement of Indo-Australian trade and economic&investment cooperation.

''FICCI would be mounting a high-level business delegation to Australia in May this year, coinciding with the visit of Commerce Minister Kamal Nath,'' he added.


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