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