Home / Knowledge / News / Premier of South Australia meets Shri Kamal Nath
Premier of South Australia meets Shri Kamal Nath
14
Mar '08
The Premier of South Australia, Mr. Mike Rann, during his meeting with Shri Kamal Nath, Union Minister of Commerce and Industry, discussed various matters including the stepping up of bilateral trade and economic cooperation between the two countries.

Both sides agreed that there is vast scope for increasing the bilateral trade, considering the untapped opportunities for exploiting the potential for growth.

The Premier has invited Shri Kamal Nath to visit Australia during May 2008 for the 11th India-Australia Joint Ministerial Commission.

Both sides discussed about the market access – sending teams of experts to each other's country to address quarantine, food safety, certification and standardization issues.

South Australia currently has investment from Indian companies viz, Reliance Industries, Sterlite Industries, Indage Group and Minda, in the areas of mining, wine and tooling amongst others.

During the discussions, Shri Kamal Nath informed the Premier that FDI policies in India have been further liberalised and many new sectors have been opened recently and added that infrastructure sector in India is an opportunity for investment.

Australia is ranked as the 18th largest source of foreign investments in India. The percentage share of total approvals for top sectors attractive investment into India from Australia has been in the areas of fuels (37.03%); metallurgical industries (33.81%); telecom (15.33%); transportation (2.96%) and chemicals – other than fertilisers – (2.91%).

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search