Indian business mission produces results for SA
Wednesday, 15 November 2017
The launch of a new Rajasthan water and resources centre, appointment of an in-market SA wine expert and a partnership agreement between South Australian firm Supashock and an Indian automotive company are among results of the state’s latest business mission to the region.
Led by Investment and Trade Minister Martin Hamilton-Smith, 50 delegates took part in meetings and business events in Mumbai, Delhi, Jaipur and Bengaluru last week.
The delegation’s areas of focus included key trade sectors such as higher education and skills training, premium food, wine and beverages, defence and advanced manufacturing, health, water and environment management, culture, tourism and arts.
The Rajasthan Centre of Excellence in Water and Resources Management will create investment in, and access to, SA water research, policy and technical capabilities in groundwater research, managed aquifer recharge, water quality management services and agricultural reform.
Tied to this, SA based water treatment company Hydro-dis delivered a water treatment pilot project to prove its technology.
Strengthening defence manufacturing ties, a new partnership between SA suspension maker Supashock and an Indian automotive manufacturer was signed last week. Supashock will design and develop prototype suspension technology to be trialled by the manufacturer.
In a further boost for SA wine exports to the region, an in-market wine professional has been appointed to build awareness and educate the market through the Wine Education Program.
India is the state’s fourth largest trading partner, with two-way trade valued at AUD$1.12 billion in 2016. Latest trade figures show that in the 12 months to September 2017, the value of South Australia’s goods exports to India totalled $945 million. This was an increase of 55 per cent or $334 million on the previous twelve months.