South Australia rolled out 10-year Plan to Enhance Trade with India
South Australia rolled out a 10-year strategic Plan to enhance trade ties with India by holding its first meeting of South Australia-India Council in Adelaide.
South Australia on 25 March 2013 rolled out a 10-year strategic Plan to enhance trade ties with India by holding its first meeting of South Australia-India Council in Adelaide.
The State Trade Minister of South Australia Tom Kenyon asserted that it is being done to strategically identify key sectors of the economy that could take advantage of India’s rapid development and create local jobs.
The SA-India Council held its first meeting in Adelaide on 25 March 2013 as part of the State Government’s long-term strategy to become a significant trade and investment partner with India.
The South Australia-India Council, which includes experts from business, government and the community will play a leading role in helping guide that strategy. The council is being supported by an Indian team within the Department for Manufacturing, Innovation, Trade, Resources and Energy (DMITRE).
This team will focus on the industry sectors identified in the India strategy – aerospace and defence, energy and natural resources, education and training and clean technology, with the identification of commercial possibilities and prioritizing of trade and investment strategies will be developed to ensure South Australia can respond rapidly and flexibly.
The India Council – chaired by Strategic Adviser to India Brian Hayes – will be responsible for the governance, oversight and refinement of the India strategy.
The other members of the India Advisory Council are Raymond Spencer (Chair Economic Development Board), Geoff Knight (Chief Executive DIMTRE), Don Frater (Executive Director State Development), Paul Sandercock (Executive Director SMR Automotive), Andrew Downs (Group Managing Director Sage Automation), among others.