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South Australia invites India for mining, defence ties
India can now look to South Australia for extensive partnership and cooperation in joint ventures in fields including mining, defence etc. The visiting South Australian premier, Mike Rann, offered his support at an interactive business meeting.
INDIAN INDUSTRIES searching for new avenues in mining and exploration can now look forward to setting base in South Australia. The South Australian premier, Mike Rann has asked Indian businessmen to enter into joint ventures and partnerships with companies in his province in mining and exploration. He said that huge opportunities existed for mining copper, uranium, gold, zinc and zircon in South Australia. He was speaking at an interactive meeting organised by the Federation of Indian Chamber of Commerce and Industries (FICCI) in New Delhi. 
 
Speaking at the meeting, Rann also invited the Indian entrepreneurs to have tie-ups in the defence sector, which includes shipbuilding, submarine support, systems integration, electronic warfare, surveillance, research and development.
 
Apart from this, the South Australia premier said that his government is also seeking collaboration in knowledge-based industries such as vocational education, bioscience, information and communication technology. In addition, they are keen to offer scholarship in field of engineering, hospitality and business.
 
He also informed that his government would cooperate with the Delhi government for infrastructure development during the Commonwealth Games in 2010. In this regard, he will be meeting the Delhi chief minister.
 
Raymond Garrand, chief executive, Department of Trade and Economic Development, government of South Australia, said that the South Australian government is inviting Indian companies to invest in major projects of South Australia, particularly in sectors like urban development, minerals and energy, defence and aerospace, education, health, water management, infrastructure and manufacturing.
 
Vishnu Dusad, co-chairman, India-Australia Joint Business Council (JBC), FICCI, said that the immense potential lies in the sectors such as financial services, IT, biotechnology, drugs and pharmaceuticals, infrastructure development, power, mining, liquefied natural gas (LNG), food processing, agribusiness, tourism and education for further enhancement of Indo-Australian trade and economic and investment cooperation.
 
He further added FICCI would be mounting a high-level business delegation to Australia in May this year, coinciding with the visit of Commerce Minister, Kamal Nath.
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