H.E. Mr. Patrick Suckling, Australian High Commissioner in India, New Delhi, , in his wide ranging address, observed that the Australian companies are looking at various projects in infrastructure, film industry, financial services and healthcare, as part of leveraging the growth opportunities in India. He said that the bilateral trade has a potential to grow considering that Australia’s bilateral trade with China is at around $130 billion, while it is $17.3 billion with India. Business talk. Chennai
A major American port has entered into an agreement with an Indian shipping company to gain more business both in steel imports and capital investment.
Trade review show that India has always permitted FDI in the auto sector and has well understood the benefits of allowing this. The industry seems to be well managed and tax understood, and behaves in India in a more predictable fashion than the other industry do. India at times may be considered to be slow, but once it understands, it moves forward to great expectations.