Austrade: Indian market ripe for Aussie invasion

Dec 20, 2007 1:10 PM
Filed under Strategy

The annual NASSCOM India Leadership Forum to be held in February is being viewed by Austrade, the Australian Government’s export development agency, as the ideal opportunity for Aussie IT companies to take advantage of the growing market in India.

Showcasing India’s $18.5 billion IT sector, the trade event attracted over 1500 delegates from 22 countries last year. According to Munish Sharma, senior export advisor for ICT at Austrade, India’s ICT market has presented lucrative partnership opportunities for Australian businesses.

“India’s ICT market is growing at eight percent annually, and the overall economic boom is also providing opportunities in sectors such as retail, telecommunications, banking, finance and insurance services, and construction,” he said.

These market opportunities prompted Austrade and the Australian Information Industry Association (AIIA) to recruit Australian ICT firms to attend the conference. The group will also visit Bangalore and New Delhi where Austrade is organising pitching sessions to present niche Australian solutions to Indian systems integrators and resellers.

“Indian companies are keen to partner with businesses offering specialised and unique ICT solutions and they are well-positioned to present these technologies to the key players from these sectors,” said Sharma. “These companies cater to both the domestic and global markets, so by partnering with Indian technology companies, Australian businesses can access customers not only in India, but also in the US, Europe and Asia.”

Global industry leaders including representatives from the G1000 and Fortune500 companies, senior government officials and academics will attend the event.
 
Follow us on Facebook and Twitter
 
Austrade: Indian market ripe for Aussie invasion
 
 
 
 
 
Top Stories
iPad full-year sales tipped to decline for first time
"Massive deceleration" in global tablet market, reports IDC.
 
Sydney reseller lands leading role with Hoyts cinemas
Shoretel partners oust two incumbents for cinema's digital switch.
 
Eyes on ASX, Cirrus Networks recruits iiNet and L7 star duo
Acquisition veterans appointed chairperson and director.
 
Sign up to receive CRN email bulletins
   FOLLOW US...
Polls
What would help your business most?


Latest Comments
CRN Magazine

Issue: 333 | November 2014

CRN Magazine looks in-depth at the emerging issues and developments for the channel, and provides insight, analysis and strategic information to help resellers better run their businesses.