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Connecting the unconnected Industry-well poised to invest on expansion Creating Tamil Nadu Banana brand An aerospace-defence cluster in Tamil Nadu… Realising double digit growth in Tamil Nadu Carrefour’s quick exit A global plastic event in India Economic issues take a back seat at G20 summit Well-refined – RIL’s refinery margins zoom Secured NCDs from Shriram City Auto test tracks launched at GARC Oragadam campus Sun Edison launches solar pumps Illicit markets a concern to growing economy Adding Zest to Scooty Veritas Finance- financing the unfinanced Is Indian telecom industry heading for a monopoly? Automotive Vision Plan II... Murugappa- a year of consolidation Economic, business and social sustainability Gem of social service... Ridley marathon to India Waste, a gold mine Striking cords for 25 years… On the ‘milky’ way Changing dynamics in human resource management Towards peace of mind Schwing Stetter India joins hands with US-based Gomaco Inclusive and forward moving... Durga - India’s largest blast furnace; now operational Chennai to get a roundabout Metro Rating of states to be released soon TiE applauds innovative entrepreneurs BRICS development bank Blue Star plans a new plant in south Reality bytes Climate change may change the way businesses work... Research needs more funding Celebrating 180 years of relevance Dynamic e-commerce scenario Flexible labour laws… LVB gears to become a financial supermarket Downsizing spree... World labour laws at a glance Chola MS net crosses 100 crores Chola MS launches motor app ISRO's 100th mission Techies trip to India Hyundai excites again The new look- 4s Verna Airlines wage price war ALL to launch electric busses Apple maps – finding its way Housing Innovation Challenge, 2015 Business Breif Brand leaders come forward... OBO Bettermann for better lightning protection TN budget pragmatic and moderate on fiscal deficit IFCI to raise NCDs upto Rs 2000 crore Focus on self-certification and third party inspection Digital retail transactions stabilise at higher level… Business Briefs Four daughters and a proud father Indian Bank – global businesses crosses Rs 3 lakh crore... TII’s single largest investment at Thiruthani Bridging the skill deficit in pharma industry Three more leather clusters… Smart controls for cooling large multi-zone spaces ... Time to fast-pace the logistics sector More gensets and diesel engines from TAFE Nigeria comes nearer Curbing steel imports will hurt small business... European crisis is a global crisis! ALL – truck industry is recovering from degrowth Backpack laboratory Realty sector takes a break... Celebration time at MS Chola CUB: towards card-less withdrawal AirAsia India infuses funds to fight out competition TVS Logistics – another acquisition to sharpen the business model Make way for the new and dynamic railways - WABCO’s second Chennai plant Applauding enterprise... STFC raises money ALL-two launches in a row Indigo stays leader with 40 per cent share TOP 10 CEO Compensation Investor friendly Japan Hero Motocorp - smooth ride ECGC expands operations Big-ticket investments march towards Punjab TCS’ revenues cross Rs 100,000 crore Purdue and IIT-M sign the dotted line Nothing to hide... Tata Steel commence operations at Kalinganagar Strategy war escalates between Hero and Honda Scoot offers just Rs.13,500 to ANZ... Need to focus on ease of doing business... SumInfra- corridor based development... Holiday Inn opens in OMR Chennai Steel loses its sheen Placing the right shoe forward... Chennai will soon get its World Trade Centre Pharma market dozes TII-challenging year with flat growth People Flow Day- Safety Innovation that helped Chennai port When Centre visits the state Chennai Port is at last decongested! An American alliance in the chemical industry?
 
Striking cords for 25 years…

The Indo-Australian Chamber of Commerce celebrated 25 years of trade relations with India. Julie Bishop, Minister for Foreign Affairs, Australia signalled smooth bilateral relations with India.

“The silver jubilee of the chamber comes in the background of an extra ordinary momentum in Indo Australian relations. The reciprocal visits of Prime Minister Narendra Modi as well as Prime Minister Tony Abbott and the success of Australia Business Week in India held in January 2015 have added positive momentum to the relationship,” said G R K Reddy, President, Indo-Australian Chamber of Commerce.

C Sarat Chandran, Director of the Chamber, gave an overview of the chamber’s work. “Trade between the two nations has shifted from commodities to services which accounts to about 70 per cent,” he said.

There are now 2100 Australian companies doing business in India and a majority of them are small & medium enterprises. Indo-Australian trade is now decisively evolving into a new architecture. The weakest link in India’s exports to Australia is merchandise. The chamber has been doing research on what constitutes the failure of Indian exports to make an impact in Australia. Performances of 45 Indian companies that export to Australia have been investigated. A major reason for the rejects was packaging!

Minister Bishop  said that the Australian government has concluded trade agreements with China, Japan and South Korea.

“About 63,000 Indian students enroll for Masters and various other degree programmes in Australian universities. In similar way, the Australian government is providing internship opportunities, which involves visiting India for Australian under-graduate students in Australia.

The internship opportunity is part of a new Colombo Plan,” Bishop explained.  She also said that the energy needs in India are quite high and Australia is ready to assist India. 

 

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