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

 

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Prices Up, Volume Down: March NZ House Sales Drop 10% As Loan Curbs Bite

New Zealand house sales dropped 10 percent in March from a year earlier as the Reserve Bank’s restrictions on low-equity mortgages continue to weigh on sales of cheaper property. More>>

ALSO:

Scoop Business: Chorus To Appeal Copper Pricing Judgment

Chorus will appeal a High Court ruling upholding the Commerce Commission’s determination setting the regulated prices on the telecommunications network operator’s copper lines. More>>

ALSO:

Earlier:

Cars: Precautionary Recalls Announced For Toyota Vehicles

Toyota advises that a number of its New Zealand vehicles are affected by a series of precautionary global recalls. Toyota New Zealand General Manager Customer Services Spencer Morris stressed that the recalls are precautionary. More>>

ALSO:

'Gardening Club': Air Freight Cartel Nets Almost $12 Million In Penalties

The High Court in Auckland has today ordered Swiss company Kuehne + Nagel International AG to pay a penalty of $3.1 million plus costs for breaches of the Commerce Act. Kuehne + Nagel’s penalty brings the total penalties ordered in this case to $11.95 million ... More>>

ALSO:

Crown Accounts: Revenue Below Projections

Core Crown tax revenue has increased by $1.9 billion (or 5.0%) compared to the same time last year. However this was $1.1 billion less than expected and is reflected across most tax types, continuing the pattern of recent months. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news