New Delhi: Minister for Investment and Trade, Martin Hamilton, launched a wholly updated Engagement strategy report; mentioning that the revisions will enhance the bilateral commercial ties between India and especially its diaspora in South Australia.
This refinement of the original strategy will prepare South Australian businesses to embrace new opportunities that stem from our evolving relationship with India,” Hamilton-Smith said.
Therefore, one of the aspects specified in the report is that there will be a further involvement taking place among the Indian diaspora in the state and that of the activation of the South Australia club in India.
“Major reforms have also occurred in India after the 2014 election of the Modi Government. We have identified a Government-to-Government approach as being effective in providing opportunities for commercial and cultural engagement,” he said.
Thus, in an attempt to strengthen their International connections, emphasis on the commercial and cultural nexus will be done by focusing on two major initiatives as provisioned by Modi and his government – ‘Skilling India’ and ‘Make in India’.
“We have listened to exporters and updated the strategy priorities to help build on existing partnerships and seize new opportunities for collaboration,” he said.
Pointing out four essential fields of aerospace and defense, energy and natural resources, educational and clean technology, the report suggests that the Government should be involved intimately in services-based exports to India.
Speaking of services and technology, the report also adds about the significance of agribusiness, tourism, culture, and health.
To examine the largely revised report of strategy, one cannot miss out talking about the decision taken to get engaged in business and a new business education program with that of the neighboring state of Rajasthan.
The policy of India Engagement strategy first came to fruition back in 2012. (Inputs from Agencies)