Australian business leaders and AIBC discuss ‘Make in India’ Initiative

Perth, April 3 (Australia India News Newsdesk)

Australian business leaders, along with representatives of the local chapter of the Australia India Business Council (AIBC), convened for a strategic roundtable discussion focused on the 'Make in India' initiative.

Facilitated by the Consulate, the event provided a platform for insightful dialogue and collaboration aimed at exploring opportunities within India's burgeoning manufacturing sector.

Consul General Amarjeet Singh Takhi spearheaded the discussion by briefing participants on India's remarkable growth story and various initiatives, including Production Linked Incentive (PLI) schemes, designed to bolster and incentivize manufacturing in the country. His informative presentation highlighted the potential for Australian businesses to tap into India's dynamic market and contribute to its economic expansion.

Local businesspersons in attendance seized the opportunity to share their experiences and collaborations with Indian companies, offering firsthand insights into the challenges and opportunities present in the Indian market. Through engaging discussions and knowledge sharing, participants explored avenues for enhancing bilateral trade and investment between Australia and India, particularly in the manufacturing sector. The roundtable discussion underscored the importance of fostering closer ties between Australian and Indian businesses, leveraging mutual expertise and resources to drive innovation, productivity, and economic growth. By aligning with India's ambitious 'Make in India' initiative, Australian businesses have the opportunity to contribute to India's industrialization efforts while accessing a vast and dynamic consumer market.

As the dialogue continues, the Consulate and the Australia India Business Council remain committed to facilitating meaningful partnerships and collaborations that will benefit both nations, fostering greater prosperity and economic resilience in the Indo-Pacific region and beyond.