Perrottet opens Bombay business office

Indian business delegation will visit NSW




Indian business delegation will visit NSW

 

28/07/2022

(See translation in Arabic section)

Sydney – M E TIMES Int’l: Prominent business leaders from the world's fifth largest economy are set to visit NSW as part of an official delegation, as the NSW Premier continues to promote NSW as a major global investment destination during his overseas visit.

In the same vein, Premier Dominic Perrottet today officially inaugurated the new Mumbai office to cement the state's presence on the ground with the aim of boosting NSW exports, boosting investment and welcoming Indian students and tourists back to the state.

NSW Premier Dominic Perrottet met with top Indian businessmen today in Mumbai to discuss priority investment sectors and formally invite leaders to explore key investment opportunities in NSW first-hand in October 2022.

“India is a major trading and investment market for our state. Our two-way trading volume was $4.6 billion in 2020-2021, making it one of our largest and most important growth markets,” Perrottet said.

 “The next decade is all about economic transformation. Our doors are open as we invite India’s top business leaders to NSW to experience our world-leading investment opportunities. The importance of India to the state of NSW cannot be underestimated.”

The delegation will consist of leaders across a range of sectors including technology, health and the clean economy with a focus for the visit on industry regions such as Tech Central, Westmead Health & Innovation Precinct, Bradfield, Western Sydney Parkland and NSW regional specials. activation areas.

Minister for Enterprise, Investment and Trade and Minister for Tourism and Sports Stuart Ayres said the visit would coincide with NSW hosting the men's T20 World Cup for the first time.

Mr. Ayres added: "Cricket is one of the most popular sports in Australia and India, and by linking the delegation's visit to our hosting of the T20 FIFA Men's World Cup for the first time, we can build on our shared love for the sport."

An Indian business delegation is set to visit NSW in October this year.

 

NSW Mumbai office is open for business

NSW companies looking for business and investment opportunities with an emerging economic powerhouse in India will have the advantage of a dedicated NSW business and investment hub, with the opening of the NSW Government office in Mumbai in the thriving business district of the city's Bandra Kurla complex.

NSW Premier Dominic Perrottet today officially inaugurated the new Mumbai office to cement the state's presence on the ground with the aim of boosting NSW exports, boosting investment and welcoming Indian students and tourists back to the state.

“Our strong relationship with India is based on shared values and interests, and today marks the beginning of an exciting new chapter in the trade and investment relationship between India and NSW,” said Mr. Perrottet.

“India is a major Indo-Pacific partner of Australia and a dominant economic power. NSW is proud to partner with the Indian government and business community to bring greater prosperity to the people of our two countries.”

“Increasing NSW’s commercial presence here will ensure our state is front and center in mind as India continues its economic rise. Today we are opening up a world of trade and investment opportunities for businesses and workers in NSW.”

In 2020-21 India was NSW's third largest source of international students, sixth largest source of tourists and 11th largest two-way trading partner.

Minister for Enterprise, Investment and Trade Stuart Ayres said the office will work to provide direct benefits to the state of NSW by attracting Indian investment in NSW, helping to boost business opportunities for the benefit of the local economy.

“India is NSW’s most important business partner, with significant export opportunities across a range of sectors including food and beverage, education and edtech, health and medtech and technology,” Mr Ayres said.

"We have worked closely with our local companies to support their exports and expansion to India and these efforts will be enhanced by the opening of the Mumbai office."

To enhance awareness of Investment NSW's presence in India, a new strategic marketing campaign is now being launched, working across India's leading digital platforms and daily newspapers.

Vish Padmanabhan, NSW’s Senior Trade and Investment Commissioner to India and the Middle East, said his team will help NSW businesses take advantage of the new Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) bilateral trade agreement.

“I’m honoured and excited to lead this office and team during a time of great opportunity for the state. NSW is eager to grow its trade and investment with India under the AI-ECTA agreement - an interim step towards a full free trade agreement, which will benefit our food and agribusiness, mines and minerals, technology and education sectors significantly,” Mr Padmanabhan said.




 














Copyright 2007 mideast-times.com