"...the growth of the Indian economy has been substantial and sustained and I think the outlook to the Indian economy is very promising and Australian businesses are very enthusiastic about participating in the Indian market; they are investing in India; they are exporting to India; they are importing from India. "
Alexander Downer Minister for Foreign Affairs Australia
Taken from - 8 June 2005 Transcript Press Conference - India
India Blue is a creatively conceptualised exhibition, bringing India to Australia, in a unique and innovative way. It is a re-introduction to all that is widely known about India and more...showcasing India's rich culture, lifestyle, resources and abundant potential.
The India Blue exhibition takes on a fun and exciting approach to promoting India through visual entertainment, highlighting art, fashion and music; whilst opening doors for those wanting to do business with the Indian market. The event will give Australian businesses the opportunity to see and meet various manufacturers, distributors, artists and their commodities. It is a valuable commercial platform to research, network and build associations, with quick and easy access to a variety of up to the minute quality products and services. There is everything from technology, merchandise, bollywood and much more.
India Blue's vision is a progressive business environment, simultaneously, giving insight to the foray of the newer, younger generation into what makes India today. Their embrace of modernism blended with the appreciation and pride of ancient India is evident in their works of artistic ingenious and their take on a more cosmopolitan lifestyle. Evidently all this articulates a new identity for it's people, businesses and economy.
India Blue is discovery, participation, rapport and venture with fresh appeal.
- Vinita Singh
India Australia Trade Brief Australian Imports from India Reference - Consulate General of India Website
Australia's imports from India are very diverse and even though currently the volumes are not very large, there is a marked growth. Australia traditionally imports textiles and clothing from India, however the primary items are pearls, precious and semi-precious stones, made-up articles such as textile materials, floor coverings, jewellery, textile yarn and crustaceans (sea food).
Followed by engineering products, manufactures of base metal, footwear, travel goods & handbags, women's or girls clothing and men's or boys' clothing. Other commodities include chemicals and related products, plantation & agricultural products.
India's exports to Australia increased by 14.6% to A$ 1.12 billion in 2004. This was 14.6% higher than the corresponding figure of A$977.7 million in 2003 which is expected to rise even further in 2005 / 2006.
Opportunities for Australian Businesses
Potential for Indian-Australian cooperation exists in information technology; biotechnology (both plant and human); drugs and pharmaceuticals; financial services; infrastructure development including roads, ports, airports and railways; power sector; mining; oil and natural including LNG; water management, soil conservation and waste disposal; food processing and agribusiness; film and television; processing of gems and jewellery; tourism; and education.
Detailed information on additional products imported into Australia can be found on the Consulate General of India website under Commerce and Trade.
Link: www.indianconsulatesydney.org
