Sydney, 5 September 2018
I attended an enlightening briefing on Austraila’s India Economic Strategy to 2035 (IES 2035) by DFAT/Austrade. This was organized by AIBC and hosted by Deloitte at its Sydney offices. The key speakers were Australian High Commissioner to India, Her Excellency Mrs Harinder Sidhu and New Delhi-based Austrade official, Ms Leonie Muldoon, who outlined the opportunities and challenges for Australian business in India.
With 8.2% annualized economic growth (based on the GDP growth in the last quarter), India offers great opportunities for Australia for the next half century. The key sectors are education, retails and services, and agribusiness. IES 2035 outlines sector-based strategy with descriptions of opportunities in various states.
Peter Varghese AO speaking on IES: https://m.youtube.com/watch?v=tIw23wd9cJc
Dr Yadu Singh