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A bilateral trade & investment
2008
australia india business
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Contents
2 AUSTRALIA INDIA BUSINESS 2008
South Australia
The Hon. Mike Rann MP
Premier of South Australia 51
AIBC, South Australian Chapter 53
Western Australia
The Hon. Alan Carpenter MLA
Premier of Western Australia 55
Tasmania
The Hon. Paul Lennon MHA
Premier of Tasmania 59
Australian Capital Territory
Jon Stanhope MLA
Chief Minister of the ACT 62
Northern Territory
Department of Business, Economic
and Regional Development 65
INDIA
Interview: Tarun DasChief Mentor
Confederation of Indian Industry (CII) 68
India Trade Profile, Region by Region 71
Destination IndiaIndia Tourism & Trade Information 76
INDIAN EXPORTS TO AUSTRALIA
Introduction:Indian Minister for Commerce & IndustryShri Kamal Nath 81
Confederation of Indian Industry (CII) 82
Indo-Australian Chamber of CommerceC. Sarat Chandran, Director 84
INDUSTRY FOCUS
BIOTECHNOLOGY
Australia-India Strategic Research Fund (AISRF) 87
Association of Biotechnology Led Enterprises(ABLE)Ms Kiran Mazumdar Shaw, President 93
EDUCATION
Australian Education International 97
Where to Study 1: Education Adelaide 103
Offshore Education:
National Centre for Vocational Education
Research (NCVER) 105
Where to Study 2: Perth Education City 111
Speaking Hindi:Indo-Australian Bal Barathi Vidyalaya 115
Where to Study 3: Study Melbourne 119
Case Study: Pallavi BaratMaster of Professional Accounting 125
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3AUSTRALIA INDIA BUSINESS 2008
Where to Study 4: NSW DET International 127
Case Study: Ammitjot Pannu
Studying IT in Australia 131
ICT
Australian Information Industry Association (AIIA)Ms Sheryle Moon, CEO 133
NASSCOMMr Kiran Karnik, President 137
RESOURCES / ENERGY
Australian High Commission, New Delhi 141
Interview: Mr Ravi KastiaHead, CII Mining Panel 145
FOOD & AGRIBUSINESS
Agribusiness Association of AustraliaMr John Crosby, President 150
MANUFACTURING
Australian Manufacturing TechnologyInstitute Limited (AMTIL) 155
CONSTRUCTION
Interview: Mr Peter ForbyAustralian Consul General, Western India 159
CSIRO Materials Science & Engineering 161
FINANCIAL SERVICES
Investment & Financial Services AssociationMr Richard Gilbert, CEO 164
TOURISM
Introduction:Australian Minister for Small Business & TourismThe Hon. Fran Bailey MP 169
Tourism Australia 171
CREDITS 176 www.australiaindiabusiness.com
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Contents
4 AUSTRALIA INDIA BUSINESS 2008
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5AUSTRALIA INDIA BUSINESS 2008
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Macquarie University, Sydney
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7AUSTRALIA INDIA BUSINESS 2008
Foreword
It gives me great pleasure to con-
gratulate the Australia India Business
Council on the publication o Australia
India Business.
The Australia-India relationship is
one o the great opportunities o this
century or both nations. We already
enjoy strong economic, cultural and
strategic ties. Indias rapidly emergingeconomic strength, recording growth
rates averaging 8-9% per annum,
reinorces this opportunity. As this
extraordinary growth continues, the
relationship will become even more
important.
Two-way tradeBilateral trade and investment links
are already well established. India is
Australias sixth-largest and astest-
growing export market, with two-way
trade in goods and services worth A$12billion in 2006. There is strength in services
such as tourism and educational services,
as well as primary industries.
Clearly, Australia is ideally placed to
supply the energy and resources, and
many o the services, India will require
to continue its impressive economic
development. Environmental sustain-
ability will also need to be a key theme.
Linking peopleHowever, trade and investment is
only part o the larger story that oour strong people-to-people links.
This is what will ultimately serve as the
oundation o our bilateral relationship
in the years to come.
The Indian community in Australia
makes a signifcant contribution to the
cultural diversity in which our country
takes great pride, being the sixth-largest
source o overseas-born Australians.
O course, it would be remiss o me
to neglect to mention the ties o cricket,
which will be renewed once again this
summer with the visit o a very strongIndian team to our shores.
Approximately 40,000 Indian students
are currently enrolled in Australian
educational institutions. India is also one
o Australias astest-growing tourism
markets, with Indian visitor arrivals being
projected to grow at an average annual
rate o 18% over the next decade.
Early daysAs many contributors to this publi-
cation will note, it is still relativelyearly days as ar as the Australia-India
trading relationship goes. However,
while we may have taken our time to
establish the links that economies o our
respective sizes would expect to share,
it will be the object o my government
to make up lost ground.
Without a doubt, the Australia India
Business Council will play a signifcant role
in acilitating the ongoing improvement
in Australias trade and investment ties
with India. As India grows, we believe our
relationship will grow with it.I am looking orward to the bright
uture Australians and Indians can hope
to share together.
Website: www.pm.gov.au
Great Opportunities
The Hon. Kevin Rudd MP,
Prime Minister Elect of Australia
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Foreword
8 AUSTRALIA INDIA BUSINESS 2008
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9AUSTRALIA INDIA BUSINESS 2008
Foreword
Iam happy to learn about the initiative
o the Australia India Business Council in
producing the Australia India Business
publication.
Relations between India and Australia
have strengthened in recent years.
Besides high level political contacts,
our economic engagement has been
particularly impressive. There is, however,a large untapped potential, which our
two economies need to jointly exploit to
mutual beneft.
Engaging partnersDuring the last iteen years, the
Indian economy has registered high
growth rates, accompanied by rapid
development o its services and
knowledge sectors. The new economic
and technological capabilities o India
enable it to eectively engage with
international partners in enhancingtrade, investment and other orms o
economic cooperation.
I welcome the act that Indian business
and industry is seeking partnerships with
their Australian counterparts, and that
Australian business is also discovering
the possibilities that are opening up in
India.
Opening doors
I hope that the activities o theAustralia India Business Council will
open doors or our two large countries
to better understand and beneit rom
each others mutual strengths and
complementarities.
I see a bright uture ahead or Indo-
Australian cooperation based upon
shared values, increased people-
to-people contacts, and greater
connectivity.
Website: http://pmindia.nic.in
SharedValues,
Greater Connectivity
Dr Manmohan Singh,
Prime Minister of India
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Foreword
10 AUSTRALIA INDIA BUSINESS 2008
With over 40 years of expertise, Accor is the European leader in hotels and
tourism and operates in nearly 100 countries with 170,000 employees.
In 2006 Accor opened the Hyderabad International Convention Centre, Indias
largest and first purpose-built convention facility, and the adjacent Novotel
Hyderabad.
Today, Accor has 47 hotels committed to open in India under the Sofitel,
Pullman, Novotel, Mercure, Ibis and Formule 1 brands 24 of these are dueto open before 2010.
A signature hotel for the group, the Sofitel Mumbai, will establish the 5-star
brand in the countrys premier business centre and join other Sofitel hotels
planned for major Indian centres.
Accor is continuing its innovative expansion of its international economy Ibis
brand with the launch of a network of Ibis hotels throughout India.
As the world leader in economy and mid-priced hotels, Accors vision will
redefine the economy hotel sector in India and position Ibis hotels as the
preferred best value international hotel brand across the region.
Accor focuses on India
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11AUSTRALIA INDIA BUSINESS 2008
Foreword
It is generally accepted that India is
currently the worlds largest democracy
and, with a young and expanding
population, is poised to become the
worlds most populous nation by 2030.
Its economy is growing at well over 8%
per annum and its strategic importance,
both geographically and economically,
is recognised by all.In 1986, the then Prime Ministers o
Australia and India, the Hon. Bob Hawke
and Mr Rajiv Gandhi, together recognised
the importance and potential or trade
between the two countries. This mutual
recognition gave birth to the Australia
India Business Council (AIBC), in the orm
o a national business organisation.
Federal GovernmentcommitmentThe visit to India in 2006 by the
Australian Prime Minister, the Hon. JohnHoward, and the high level business
delegation that accompanied him,
marked the resurgence o the Federal
Governments commitment to the
strengthening o relations between the
two countries.
This was relected at the business
level with the Trade and Economic
Framework Agreement which was an
outcome o the Joint Ministerial and
Business Council meeting in Sydney in
2005.
The AIBC is now widely recognisedby governments and the business
community as the peak bilateral
business association in Australia or
promoting and supporting trade and
investment between the two countries.
It is the only national non-government
business association devoted solely to
promoting, developing and maintaining
bilateral trade and business relations
between Australia and India.
In 2007, the AIBC led the largest
business delegation accompanying
the Minister or Trade, the Hon. Warren
Truss, to India or the Joint Ministerial
Business Council meeting in New Delhi.
In addition, over the last three years, the
Premiers o each State have led tradedelegations to India and the AIBC has
been closely involved with these, as
well as hosting incoming delegations
and business groups to Australia.
A sustainable relationshipAll o this points to and is testament to
the increasing and sustained business
and trade relations between the two
countries. The AIBC strongly believes
that Australia can accelerate and
maximise the beneits o its links with
India and develop a relationship thatis both sustainable and o enduring
strength.
Recent change to the AIBC con-
stitution, establishing State Chapters,
has enabled businesses in all the States
to beneit directly rom this period o
increased engagement with India. The
AIBC provides a link between business
and State governments interested in
exploiting the potential or bilateral
trade.
The publication o Australia India
Business, which the AIBC has oiciallyendorsed, will be o great beneit in
providing current inormation, which
is o interest and relevance to business
and government at both State and
Federal level in this country and
overseas.
Website: www.aibc.org.au
Australia can
maximise the
benefits of its
links with India
and develop
a relationshipthat is both
sustainable and
of enduring
strength.
A Passage to India
Mr Brian Hayes, National Chairman,
Australia India Business Council
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Foreword
12 AUSTRALIA INDIA BUSINESS 2008