Premier visits India to build trade ties

9 January 2015

India visit

Positioning NSW as a global leader in infrastructure development is the focus of the State's new India strategy released today by NSW Premier Mike Baird before making his first official visit to India.

Mr Baird starts his visit in Ahmedabad on Saturday, and will also visit New Delhi and Mumbai.

"We have strong cultural and historic ties to India and we are seeing major opportunities emerging as a result of our infrastructure plans, which will strengthen our business and trade relationship," Mr Baird said.

"Two-way trade between NSW and India was valued at $1.8 billion last financial year. This has been stronger in the past and I'm determined to continue sending the message that NSW is open for business with India.

"In Ahmedabad, I will sign a Memorandum of Understanding that will open a new chapter in our relationship with the Indian state of Gujarat, particularly in the areas of education, water security, skills development and sustainable urban development.

"I look forward to meeting with Prime Minister Modi, following his visit to Sydney last November, to continue discussions on how NSW and India can assist each other in the delivery of our infrastructure plans.

"In New Delhi, I will meet with NSW delegates attending Australia Business Week in India to outline how the NSW Government is helping businesses overcome the cultural and legal obstacles of entering the Indian market.

"In Mumbai, I will meet with the Chief Minister of Maharashtra to progress initiatives as part of our Sister State relationship that was formalised in 2012."

Mr Baird said India was a priority market for NSW business and investment.

"NSW is an international leader in sustainable urban development and India is looking to the world for knowledge sharing and assistance as it develops at a rapid rate."

Priorities in the India strategy include:

  • Collaborating on world-class infrastructure
  • Boosting education exchanges
  • Increasing tourism in both directions, and
  • Growing NSW exports to India.

"This strategy is focused on positioning NSW businesses to be ready to take advantage of opportunities arising under Prime Minister Narendra Modi's trillion dollar investment plan," Mr Baird said.

NSW Trade & Investment has an office in Mumbai.