Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


India-New Zealand business forum a success

30 November 2012

India-New Zealand business forum a success

More than 100 delegates from India and New Zealand, including business people, government officials and academics, gathered at the University of Waikato to discuss opportunities for the two nations to increase trade and business relations.

Waikato Management School held the inaugural event to encourage growth in business opportunities with India for the Waikato region. The forum’s convenor, Associate Professor Asad Mohsin, says he has received lots of encouraging feedback following the forum.

“We have had lots of interest shown for further forums next year, from other Waikato businesses as well as from India. The High Commissioner of India has also expressed a desire to return.”

Dr Mohsin says the forum achieved all of its objectives. “Overall it was a successful platform for these key people to come together and understand the challenges and the opportunities that exist in doing business in India.”

Despite discussions focusing mainly on the dairy/agribusiness, IT/communications and tourism sectors, Dr Mohsin says there is scope for so much more. “India is the second fastest growing market after China and has a burgeoning middle-class with growing disposable income. India has at least another 20-30 years of solid growth ahead of it.”

By 2015, it is estimated that India will have the capacity to consume more than 118 million tonnes of milk solids. “They will be looking for technical assistance in how to produce milk and its products more efficiently, so there is huge scope for our dairy sector to help.”

Education also has high potential, as India’s predominantly young population looks to up-skill. “In order to meet its higher education needs, India would need another 1000 institutions. This means they will look to well-established learning institutes like Waikato for assistance.”

The University is planning to continue the forum on an annual basis, with plans to be in Delhi next year, Hamilton in 2014 and in Mumbai in 2015.

-ENDS-

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news