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Australia encourages SMEs to explore business potential in India

Date 23-December-2014
Subject Australia encourages SMEs to explore business potential in India

Melbourne: In a bid to tap massive potential of India's rail, dairy, water and health sectors, Australian government is encouraging its Small and Medium Enterprises to do business in the country to boost economic linkages between the two nations.

Nicola Watkinson, Australia's Senior Trade Commissioner (South Asia) suggested that SME sector, which was the backbone of the country, would be forming an important part of the latest trade mission about to visit India next month.

Trade Minister Andrew Robb is all set to lead the largest trade mission across eight cities, including New Delhi, Mumbai, Jaipur, Chandigarh and Ahmedabad, from January 12-15.

"The mission has a good range of SMEs. There is a mid- tier company called Aurizon, specialising in railways, which has come on board," she said.

"There are 12 areas where we see the strongest potential for the Australian companies. What we tend to focus is on where is the capability on the Australian side and where is the need and willingness to use an international expertise on the Indian side," she said.

Source : dailyshippingtimes.com

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