India Wants Your Business

For years the elephant in the room when it comes to export and manufacturing has been China. For good reason. But, now there’s a second option and it is the country with the world’s highest GDP: 7.6%.

 

That’s right. India is currently out scoring China.

 

India has a booming industrial sector and is looking to form relationships with trading nations. Which explains why Prime Minister Turnbull recently travelled there.

 

Cumberland Business Chamber has invited an expert on India to explain to us how big the opportunity is and what types of businesses can expect to take advantage of this connection.

 

Dipen Rughani is Managing Director of the Newland Global Group and is Immediate Past Chairman of the Australia India Business Council which advised the Federal Government on how to bring our nations closer together.

 

Dipen has over 25 years of business experience. His specialty is international trade and investment. He has worked with ICT, pharmaceuticals, agriculture, mining, property development, resources, education and consumables.

 

He is a leading authority on trade and investment between Australia and India.

 

Don’t know much about India, here are a few facts…

 

Population 1.3 billion

 

2nd largest English speaking nation after the US

 

6th largest economy in the world

 

Major industries include textiles, food processing, chemical production, cement, steel, software and mining

 

The world’s biggest postal service with more than 55,000 post offices

 

Engineering marvel…the Bandra Worli Sealink has steel wires equal to the earth’s circumference and 2,57,00,000  hours to construct

 

World’s largest producer of milk (more than 132,000,000 tonnes)

 

It is the home of one of the world’s biggest multi billion dollar electrical goods companies, Havell’s