Indo-Australian
Business
Bi-Monthly
Issue: Jan-Feb 2006
11
Gallop's
visit boosts
Indian investment
in W. Australia
Western
Australia's Premier,
Dr Geoff Gallop
made his inaugural
visit to India
during the first
week of October
2005. The Premier's
nine-day program
had a strong resources
sector focus but
also emphasised
his Government's
commitment to
and interest in
strengthening
ties in agri-food,
education and
tourism.
To date, Western
Australia has
attracted the
lion's share of
Indian investment
to Australia accounting
for three quarters
of a billion dollars.
From fruitful
discussions with
leading Indian
corporations this
growing interest
is likely to increase
with further energy
sector down-streaming
investments.
In his meeting
with the Minister
for Industry and
Commerce Kamal
Nath, Dr Gallop
reinforced Australia's
concern about
bans on Australian
dairy and meat
products and of
the high State
tariffs that operate
as barriers to
trade in the wine
industry.
Western Australia,
in conjunction
with the National
Food Industry
Strategy (NFIS)
group and Austrade
is working to
export more Australian
food products
and fruits to
India. Dr Gallop
praised the work
of the WA Department
of Agriculture
and the WA Trade
Office which are
leading a drive
to export apples
and stone fruit
in to the market.
The success of
the “open
bulk bin”
export of gala
apples from Western
Australia's South
West has seen
exports lift from
40 containers
in 2003-04 to
60 containers
in 2004-05. The
stone fruit marketing
strategy (an Australia
wide drive) will
be launched early
in 2006 under
the “Summerfruit
Australia”
promotion.
Dr Gallop also
expressed his
interest in seeing
Western Australia
increase its market
share in attracting
Indian students
to study in Perth.
Part of the strategy
will see the position
of Education Marketing
Officer reinstated
in the WA Trade
Office functions
in 2006.
Another outcome
was his support,
at the urging
of Tamil Nadu,
for reviving the
Chem-Plast Kaillis
Trophy cricket
competition between
the Ranji Cup
Team in Tamil
Nadu and the Pura
Cup Team in Western
Australia. The
competition commenced
in 1994 but the
untimely death
of Michael Kailis
two years later
saw it flounder
for want of a
sponsor on the
Western Australian
side. It is hoped
to revive it in
a 20/20 version
of the game.
Gold and diamonds
from Western Australia
play a vital role
in India's jewellery
industry. It accounts
for $10 billion
in export earnings
for India and
is the country's
number one export.
Dr Gallop and
the Gem and Jewellery
Council of India
announced that
Western Australian
jewellery designers
would be invited
to participate
in Mumbai's international
jewellery exhibition
in April 2006.
The event will
give Western Australian
designers an opportunity
to showcase their
talent and skills
to Indian manufacturers
and international
buyers and manufacturers
who participate
in this global
event.
Western Australia
is also keen to
attract an Indian
airline to use
Perth as an alternative
entry and exit
port of call for
Australia. Talks
were held with
several major
airlines.
Throughout his
visit and travel
to Delhi, Bangalore,
Chennai and Mumbai,
Dr Gallop emphasised
Western Australia's
proximity to India
it is the closest
Australian capital
city to India
and only two and
a half hours difference
in time zones.
He called for
a reinvigoration
of the Indian
Ocean Rim Forum
and focus on sharing
R&D opportunities
to help the rim
grow and prosper.
Development Minister
Alan Carpenter
due in March 2006.
State Opposition
Leader Matt Birney
is also expected
to lead a fact
finding mission
here in February.
Author
Sonia Grinceri
was the former
Regional Director,
Western Australia
Trade Office India