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Journalism of Courage
Looking for a new chapter in trade links with Australia, Commerce Minister Kamal Nath will lead a 45-member business delegation for the Indo-Australia Joint Business Commission in Sydney and Melbourne between May 16 and 22.
In Australia, Nath will put forth the synergies between the two countries and discuss the advantages of India and Australia forming a powerful combination in trade and investment in ‘Australasia’.
A large business delegation from Ficci, led by President O.S. Kanwar, will accompany Nath to Australia.
Speaking to The Indian Express before leaving for Australia, Kamal Nath said, ‘‘Australia does not have a great strength in manufacturing and also has a human resource crunch. These are the areas, which India can exploit to its advantage. Australia, on the other hand, has strengths in technology in the food processing, dairy and mining sector where it can do business with India.’’
He added that for the mining sector, where Australia has rich resources but a manpower shortage, India could play a major role by importing raw material and processing it here.
As part of ‘Destination India’, Nath will have meetings with Australian business and government leaders. Presentations would be made by ministry officials and Ficci to highlight the investment and trade potential of India.
Besides Nath, the 45-member delegation includes Umesh Kumar, Anthony de Sa, S.S. Kapur, joint secretaries in the ministry of commerce and industry; Vishnu Dusad, Managing Director, Nucleus Software; Tarun Somani, Managing Director, Somani Group; Somak Biman Ghosh, country head, Yes Bank, among others.
