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Dear Reader,
Greetings. Bilateral
trade between
India and Australia
has been thriving.
While the governments
of both countries
are doing their
best to facilitate
mutual cooperation
in a variety of
fields, their
respective business
communities are
enthusiastically
taking advantage
of the investment
opportunities
offered by either
side. A heartening
development in
Indo-Australian
relations is the
emergence of Indian
entrepreneur as
an investor. Many
enterprising Indian
companies are
investing in Australia.
Similarly, many
Australian companies
are investing
in India. We salute
their entrepreneurial
spirit. The cover
story of Indo-Australian
Business is about
the men and women
who made it possible
for the two-way
trade to touch
$ 9.4 billion
in 2005-06, which
is expected to
soar well above
the $10 billion
mark in 2006-07.
One significant
area in which
both India and
Australia have
excelled is the
knowledge industry.
India has emerged
as a leader in
the Business Process
Outsourcing (BPO)
and the Information
Technology enabled
services (ITES).
Australia's Information
and Communication
Technology Industry
(ICT) offers tremendous
strategic advantages
to Indian IT software
companies to set
up shop and expand.
Satyam Computers,
Infosys and Tata
Consultancy Services
(TCS) are among
Indian software
companies, which
have set up Australian
operations. The
focus of the current
issue is on the
ICT industry,
which is global
in its applications.
It is but natural
that Australia's
Minister for Information
and Communication
Technology Helen
Coonan is keen
on Indian and
Australian IT
companies joining
hands as partners
in bidding for
global projects.
In this context,
we present an
address by Coonan
at a luncheon
hosted by the
Australia India
Business Council
to a NASSCOM delegation
that visited Sydney
recently to participate
in the CeBIT Australia
2006 exhibition.
The annual CeBIT
Australia show
has grown from
strength to strength
over the last
five years to
emerge as one
of the most popular
ICT shows in the
world. We present
a report. iAwards
for Excellence
are prestigious
awards, instituted
by the Australian
Information Industry
Association. And
this year a number
of Queenslands
companies have
won these awards,
indicating the
levels of their
development in
the IT sector.
The issue carries
a report. India
is the second
largest source
country for international
students in Australia,
and Australia
is the third most
popular destination
for Indians seeking
education abroad.
Links between
Australian universities
and Indian institutions
continue to develop.
Western Australia
has a number of
prestigious universities
that offer world-class
education. We
present Perth
as a center of
education. Perth
and its picturesque
surroundings are
also the most
sought-after tourist
destinations in
Western Australia.
We carry a report.
All these plus
our regular features
make the current
issue a pleasure
to read.
Wish you happy
reading
Satya
Swaroop
Managing
Editor
satya@newmediacomm.biz
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