INZBC SUMMIT 2018
FLYING HIGH Aviation, Tourism and Technology
FLYING HIGH INZBC SUMMIT 2018 ABOUT INZBC
WHAT WE DO
The India New Zealand Business Council [INZBC] is the premier trade organisation in New Zealand,which has been working since 1988 to build trade relations between India & New Zealand.
INZBC gives members a host of benefits, from more information to networking opportunities, more business ties , to getting a say with the policy makers.
INZBC is run by industry leaders of New Zealand, who have years of experience in this sphere, thereby becoming the key stakeholders for International Trade Development of India & NZ. INZBC has been recognised as the main industry body by both the governments of India & NZ. Almost all of the visiting delegations of Govt. of India have been hosted by INZBC, and we have organised networking events for them. With members spanning across various industries, like agriculture, horticulture, dairy, infrastructure, finance, education, tax planning, etc.; the members form the mainstay of corporate leaders of New Zealand. INZBC strives to help the industry to engage, interact and grow together.
All this and more benefits keep adding to the INZBC members. The INZBC activities are targeted at achieving our key objectives:
� To improve market access to NZ exports and help increase the country’s exports.
» To fecilitate kiwi businesses to do investments in India and promote, ‘Make in India’.
» Open up New Zealand market for Indian
products and services and help Indian businesses to invest in NZ. ABOUT INZBC SUMMIT INZBC Summit has become the cornerstone of the business events in Auckland. The summit sees an annual gathering of the top companies, policy makers and corporate houses, interested in the space of IndiaNew Zealand trade.
For further information please see following link: www.inzbc.org
After four successful years, in 2014-17, INZBC this year has planned to focus on one Tourism, Aviation & Technology.
OUR MEMBERS
To know more about the previous summits, go to the Summit micro-site: www.inzbusinesssummit.com
Our corporate members include the leaders in almost all industry sectors of New Zealand. For a full list, visit our website: www.inzbc.org/member-directory
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FLYING HIGH INZBC SUMMIT 2018
About
India WWW.INZBUSINESSSUMMIT.COM
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FLYING HIGH INZBC SUMMIT 2018 ABOUT INDIA:
KEY INSIGHTS:
India has been the world’s fastest growing major economy in recent years and by 2020 is expected to be the fifth largest economy in the world. New Zealand and India enjoy a growing trade relationship and New Zealand is negotiating toward a free trade agreement with India, both bilaterally and through the Regional Comprehensive Economic Partnership (RCEP).
» Total trade in goods with India, was $1.2
India is all about ‘big’ – democracy, population, workforce, industries and opportunities. This developing country can be a challenging place to do business, particularly with its strong regional differences, however, it’s a diverse exciting market with plenty of prospects across a wide range of industries. Relationships, shared business interests and a comprehensive market understanding are important to maximise these openings. India was NZ’s 9th largest export market till 2016.
Billion, as per Dec 2016.
» Exports to India was $639 million and Imports from India was $566 million.
» Services trade has more than doubled, to $1.36 billion, and this has helped take total trade (goods and services) to around $2.6 billion.
» Tourism has likewise more than doubled
since 2011, with over 52,000 Indian tourists visiting New Zealand last year.
» India is New Zealand’s second largest
source of international students, with over 29,000 Indian students studying in New Zealand in 2016.
» There are also opportunities to grow
exports in areas such as professional services, in-country provision of education, healthcare, and aviation.
» India’s ranking in the World Bank’s – Ease KEY HIGHLIGHTS:
of Doing Business Index 2018, has made a giant leap of 30 positions – from 130 th in 2016 to the 100 th spot in 2017.
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About
Tourism WWW.INZBUSINESSSUMMIT.COM
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FLYING HIGH INZBC SUMMIT 2018 INDIA TOURISM MARKET OVERVIEW: India is New Zealand’s 11th largest international tourism market. The Indian market’s preference to travel in New Zealand's autumn and spring shoulder seasons makes it an important market to help spread tourist visitation across the year. The incentive market in India, in particular, promises potential for travel to New Zealand. India holds much promise as an emerging market for New Zealand in the future. The size of the market is huge, with India’s current population at 1.3 billion and is set to overtake China as the most populous country in 2022 (as forecast by the United Nations). Incomes are also growing. The cohort of middle class is growing, and these are the people most likely to travel. Latest forecasts for the 2017 - 2023 period, are very positive for this region. Visitor arrivals to New Zealand are expected to grow 4.8 per cent a year, reaching 4.9 million visitors in 2023 from 3.5 million in 2016. Total international spend is expected to reach $15 billion in 2023, up 52 per cent from 2016.
Most of this forecasted growth is expected to come from holiday makers and those visiting friends and relatives.
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FLYING HIGH INZBC SUMMIT 2018 KEY INSIGHTS:
» Tourism New Zealand’s key target segment » in India is independent professionals – people aged 25-54 who are prepared to spend INR 120,000 per person.
» Long haul travel planning and booking
continues to be dominated by the travel agent in India (some 80% of transactions).
Free Independent Travellers (FIT) currently make up around 60 per cent of New Zealand's Indian visitors and this sector is increasing more rapidly than group travel.
» Over half of Indian visitors travel outside the main regions.
» New Zealand is a popular destination » The majority of Indian holiday visitors are among honeymooners and those seeking self-drive itineraries.
coming to New Zealand for the first time and around three-quarters will combine their trip to New Zealand with another destination.
Even though the total number of international visitors arriving from india for a holiday is not that high, but the average length of stay is amongst the highest, compared to other international visitors.
Nov 2016 - Oct 2017 International visitor arrivals - holiday
Nov 2016 - Oct 2017 Average length of stay by market
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FLYING HIGH INZBC SUMMIT 2018
About
Aviation WWW.INZBUSINESSSUMMIT.COM
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FLYING HIGH INZBC SUMMIT 2018 SECTOR OVERVIEW:
KEY FACTS:
New Zealand has an established aviation industry. It is worth around $17b per annum and contributes approximately $5b p/a in export earnings.
» Boeing predicts, in the next 20 years,
New Zealand is geographically close to the major aviation growth markets in the Asia Pacific (including India). The industry is spread throughout the country and plays an important role in tourism, agriculture, regional connectivity, economic development, search and rescue and disaster recovery - supporting social cohesion around the country. There has been a surge of students coming to New Zealand for pilot training in the last year, given the strong aviation growth in India. Today, New Zealand with one aircraft per 1000 inhabitants, has one of the highest rates of aircraft ownership in the World. More than 500 different models, including a high number of helicopters, fly New Zealand skies. Internationally capable General Aviation, Maintenance Repair and Overhaul, Aircraft parts, Aviation Interiors, Training, Services, Helicopters, and Airport Infrastructure companies make up the aviation industry in New Zealand.
the Asia Pacific region will require 16,050 new aircraft above 100 seats, 253,000 new pilots, 256,000 new engineers and 308,000 new cabin crew.
» Airbus predicts Asia Pacific will need 14,731 new aircraft, 218,940 new pilots and 208,240 new engineers in the next 20 years.
» Honeywell forecasts that the Asia Pacific will require between 660 and 750 new turbine helicopters in the 5 years to 2021.
» The total Asia Pacific rotary market is growing by around 9% year on year.
» Growth in aviation is reflected in
infrastructure growth. India has embarked on a programme to double the number of commercial airports by 2019.
» Business Insider Intelligence predict
sales of drones to exceed US$12 billion in 2021, up from $8.5 billion in 2016. This growth will occur across different segments of the drone industry.
» Consumer Drone shipments will hit 29 million units and Enterprise Drone (also known as Commercial Drones) sales will reach 805,000 in 2021.
The robust and growing network of skilled New Zealand companies are also increasing their expertise through international relationships. NZ Aviation industry contributes about 1% to the country's GDP. [As per 2015 figures]
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FLYING HIGH INZBC SUMMIT 2018 INDIAN AVIATION SECTOR:
» India is one of the fastest growing aviation » During FY17, domestic passenger traffic market and currently the ninth largest civil aviation market in the world with a market size of around US$ 16 billion.
» India is projected to be the third-largest aviation market by 2026 and the largest by 2030.
increased by 22 per cent in comparison with growth rate of 21.24 per cent in FY16. Airports across the globe are planning on increasing their spending on new technology to keep up with surging passenger traffic, which is expected to double to 370 million by 2020.
» About 1.4 Lakh scheduled international » India's air cargo is estimated to grow at 9 aircraft movements of Indian airlines in FY17, 9.7% growth over FY16.
» During the FY 2017, domestic air passenger traffic growth year over year is 20 percent.
»The airlines operating in India are projected to record a collective operating profit of Rs. 8,100 crore (US$ 1.29 billion) in fiscal year 2016.
per cent over the next few years, according to Mr Ashok Gajapathi Raju, Minister for Civil Aviation, Government of India.
» Domestic air traffic is expected to
grow 25 per cent and cross 130 million in financial year 2017-18.
»
31 Currently served airports, 12 underserved airports and 27 underserved airports to connect 128 RCS routes.
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FLYING HIGH INZBC SUMMIT 2018
About
INZBC Summit WWW.INZBUSINESSSUMMIT.COM
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FLYING HIGH INZBC SUMMIT 2018 INZBC SUMMIT 2017: GLIMPSES
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FLYING HIGH INZBC SUMMIT 2018 INZBC SUMMIT 2016: GLIMPSES
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FLYING HIGH INZBC SUMMIT 2018 INZBC SUMMIT 2015: GLIMPSES
Nandan Nilekani, Chairman, EkStep as Key note speaker at the Summit.
Len Brown, Auckland Mayor
Rt. Hon. John Key, Prime Minister of New Zealand, inaugurating the Summit 2016.
Som Mittal, Former President and Chairman NASSCOM.
Simon Bridges, Deputy Leader of the House.
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Sir Ray Avery, Mondial Lifepod Incubator
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FLYING HIGH INZBC SUMMIT 2018 FOR MORE INFORMATION CONTACT: Bhav Dhillon, Treasurer, INZBC bhav.dhillon@cemix.co.nz
Jonathan Manuel, Board Member, INZBC Jonathan.Manuel@airnz.co.nz
Sameer Handa, Board Member, INZBC sameerhanda2017@gmail.com
Jay Changlani, Wellington Chapter Head, INZBC jay@orb360.co.nz
Prince Kumar, Board Member, INZBC prince.edex@gmail.com
Garry Gupta Secretary, INZBC secretariat@inzbc.org
SEE YOU AT INZBC SUMMIT 2018
Acknowledgment for content: NZ Tourism, NZTE, Aviation NZ, Air NZ, Service IQ, MBIE
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FLYING HIGH INZBC SUMMIT 2018 INZBC SUMMIT 2018
FLYING HIGH Aviation, Tourism and Technology
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