Aussies interested to tie-up with India in business and investments

Updated on: Thursday, February 09, 2012

Australia Government has come forward to have bi-lateral ties with India in Business and investments.

If thinks go on fine to develop bi-lateral ties between the two nations, Australia will provide competitive solutions and expertise in the field of automotive, education, food and beverages, infrastructure, clean energy, water and waste management, sports, health and health products with companies in Tamil Nadu.

Recently, the Australian Trade Commission, the Australian Governments trade and investment development agency, presented business and investment opportunities for Indian businessess at the seminar on "Doing Business and Investing with Australia" held at Chennai.

It also invited investors from India to expand their business in Australia to access innovation, new technologies and intellectual property.

Revealing this at the Seminar, Michael Carter, Trade Commissioner and Consul-Commercial for Australia to Southern India, said, “Tamil Nadu is a significant business destination for Australian companies. Sectors of potential Australian involvement in Tamil Nadu include automotive; education based learning and skill development; food and beverage and agribusiness; infrastructure and more broadly building and construction; clean energy solutions for energy generation as well as water and waste management; sports; health and medical products and services and training”.

Australia-India bi-lateral trade may reach Rs 2 lakh crore (A$ 40 billion), if everything goes as per plan.

The University of Wollongongs Innovation Campus (iC) participated at the seminar and provided insight on the significance of Australia as a hub for Indian companies to carry out cutting edge research and development, and the example of utilising the favourable eco system established within the Innovation Campus to set up research and development centres and to innovate for business growth.

Speaking at the Seminar Craig Peden, Director, Innovation Campus (iC), University of Wollongong stated that the University of Wollongong plans set up a campus in India in the near future. 

More Education news

• Karnataka department of higher education to further strengthen protection to women students and employees
• Heads of government and private schools directed to keep a close watch on the behaviour of teachers
• Chairman of the National Commission for Minority Educational Institutions submits his report
• Everyone will be given due representation says Goa CM
• Pune Education Department to hold meetings with schools to ensure a smooth RTE implementation
• Health and Medical Education, Forest and Home departments within the ambit of Public Services Guarantee Act
• 'value education' courses in engineering colleges to inculcate better values and character building
• students challenge new NET gidelines
• Proposed multi crore edu city project nearing completion
• 21 engineering colleges affiliated to the Dr Babasaheb Ambedkar Marathwada University to seek accreditation
• MBBS and PG medical seats to be increased by 50% and 100% respectively from academic year 2013-14
• M S University's faculty of fine arts mired in controversy over a painting hurting religious sentiment
• IICA inks MoU with Bangalore-based National Law School of India University for forging academic partnership
• President asks private players to contribute in improving the standards of higher education
• First technical and medical university at picturesque Apatani Plateau in lower Subansiri district
• Prayas scheme to be extended to 4 more districts
• Jamia Millia Islamia Professor gets Japan Society for the Promotion of Science Fellowship
• Japans new government will not waive tution fee to pro-Pyongyang high schools
• Most Israeli high school students found accessing Mobile phone during class hours
• UGC notifies the procedure and criteria for declaration of result for NET to be conducted on 30.12.12