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Speech of Kalraj Mishra during Interactive Business Session

Speech of Kalraj Mishra during Interactive Business Session

It is a matter of great pleasure for me to be here at this ‘Interactive Business Session’ organised by the India Trade Promotion Organisation(ITPO), the High Commission of India ( Perth) as a promotional activity on the sidelines of the India’s country level participation as “Guest Country” in the prestigious IGA Perth Royal Show 2014 today.
At the outset, I also extend my heartiest welcome to all the Australian buyers who have converged to this ‘Interactive Business Session’ and the exhibition from far and near. Your presence is a reciprocation of the closeness and affinity that the people of India feel for Australia’s dynamism, rich culture, and its warm and friendly citizens.
I would like to convey my compliments to Mr. Biren Nanda, the High Commissioner of India in Australia, Mrs. Rita Menon, Chairperson and Managing Director, ITPO and Mr. M. Subbarayudu, Consulate General of India, Perth for their initiatives in hosting this business session and India’s participation in the trade show.
As India and Australia are traditional partners with shared values – pluralism, tolerance, openness and respect for fundamental freedom and human rights, they have to expand their partnership and strengthen people-to-people ties: scientific, space and technology collaborations, energy cooperation and interaction among enterpreneures and social innovators.
This partnership has entered into a new phase especially after signing of the civil nuclear cooperation agreement by Hon’ble Australian Prime Minister, Mr. Tony Abbott and Hon’ble Prime Minister of India, Mr. Narendra Modi, recently in New Delhi, which is a historic milestone in our relationship. It is a reflection of a new level of mutual trust and confidence in our relationship and will open a new chapter in our bilateral cooperation. It will support India’s efforts to fuel its growth with clean energy and minimise its carbon footprint.
The factors contributing to the continuing interest in nuclear power include increasing India’s demand for energy, as well as concerns about climate change, volatile fossil fuel prices and security of energy supply. India has a vast reservoir of small and medium enterprises which contribute nearly 8 per cent to the country’s GDP; constitute 45 per cent of the manufacturing output and 40 per cent of the exports.
Such enterprises have huge energy demand for their sustainable development and for the growth of the economy. There is also tremendous scope for joint collaborations in the fields of skill development, technology up-gradation and market linkages, especially for Micro, Small and Medium Enterprises (MSME).
In the I.G.A. Perth Royal Show, the products related to tourism, education, handicrafts, garments, home textiles, organic clothes, leather products, gem and jewellery, artefacts, cosmetics, tea, candles, fragrance and perfume etc. are being showcased. Participation in Perth Royal Show is expected to help India to showcase its strengths and expand trade and investment ties with this crucial State of Australia. Besides, I am told that I.T.P.O. also plans to organize food festivals, cultural programmes, film festivals, fashion shows etc.
It may be pertinent to mention that ITPO has been holding one of the largest trade shows in the South – Asian region for the last 32 years, the India International Trade Fair, from November 14 to 27, 2014 at Pragati Maidan, New Delhi. This multi-product trade show offers huge business leverage for sourcing and supply of products and equipment. I would, therefore, like to take this opportunity to invite Australian businessmen to visit the fair for sourcing a wide range of products from nearly all states of India that participate in the fair, while exploring avenues of long term business partnerships, investment and joint ventures with their Indian counterparts.
India’s presence at the premier IGA Royal Show presents a show window to our capabilities in addressing the requirements of the Australian market. Let me assure you that our participation will open the door to a world of business given the range and scale of display. In that sense, it would be a perfect business sequel to this ‘Interactive Business Session’ and to our presence at the Royal Show.
With these words, I take great pleasure in wishing this interactive business session and all its participating buyers and sellers all success in their interactions.

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