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.

Australia’s world-class resources in land, minerals and energy and its proximity to the world’s fastest growing markets in Asia will possibly enable Australia to remain as the fastest-growing developed Western nation in the world in the coming decade  predominantly in the sectors of Gas, Agribusiness, tourism, International education and wealth management
Mr. Sunjay Sudhir has been appointed as the new Indian Consul General at Sydney and is expected to take charge in the second half of April 2014.

Mr. C. Sarat Chandran, Director of the Chamber IACC. , observed that “The big opportunities for Indian companies are in Australia’s vibrant, 2 million strong SME sector. Encountered by a shrinking manufacturing sector and a rising value of Australian dollar, it is these companies which are seeking to collaborate with Indian companies to combine Australia’s spirit of innovation with India’s cost advantage to create a win-win situation”. Business Talk.Chennai.

In 2014 and likely for the next 10 years, commercial opportunities for the Middle East will be in the GCC, and the GCC is open for business.
GCC governments are funding a 2,117-kilometre (km) rail network linking Kuwait, Bahrain, Saudi Arabia, Qatar, the UAE and Oman by 2018. The states have also committed to 8,000km of additional tracks within their own borders across freight, passenger and light rail by 2020.