Utsav Australia to put biz with India in unique position

25 Aug '07

2 min read

The success of Australia's long-term relationship with India will rely heavily on the commercial links that Australian businesses develop, the Minister for Trade, Warren Truss, said.

Speaking at an Australia India Business Council's luncheon in Adelaide commemorating the 60th year of Indian Independence, Mr Truss said India has become one of Australia's most significant trading partners.

"India is Australia's fastest-growing merchandise export market. Merchandise exports increased by an unprecedented 37 per cent to $11 billion in 2006-07, making India Australia's fourth-largest export market," Mr Truss said.

"Earlier this year, I launched the Utsav Australia (Celebrate Australia) marketing program in India to boost commercial opportunities for Australian business and industry." Today, this program will launch into cyberspace. The new business portal, utsavaustralia.in, will showcase Australian industry expertise and service skills to the Indian business community.

"For Australian businesses, the unique portal will play an important role in generating business and partnership leads from India. “For Indian businesses, the utsavaustralia.in site will showcase live business opportunities, increase efficiency in identifying Australian suppliers and initiate long-term commercial outcomes."

Mr Truss said the utsavaustralia.in site is another example of the Australian Government's commitment to deepen Australia's commercial engagement withIndia and to boost business opportunities.

More The Australian Trade Commission News... More Textiles News - Australia...