The Australian state of Victoria aims to increase goods exports to India from an annual average of A$500 million over the past five years to A$959 million by 2027, said Gönül Serbest, CEO of Global Victoria, the state’s trade facilitation agency with more than 20 offices round the world. In an interview with BusinessLine, Serbest spoke about the ties between India and Victoria, the potential to increase trade between the two regions, and how India is a priority market for the state. Excerpts:
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Tell us about your trip to India, and your agenda…
This trip was around supporting Victorian businesses that are participating in the federal government’s trade mission here — it’s called Australia India Business Exchange. There are over 100 Australian businesses participating in that, but Victoria has the largest group…I guess reflecting on Victoria’s relationship with India. It’s dominated by services, but what is beautiful is that it’s dominated by the people. So, it’s a relationship built on education, like the flow of ideas, knowledge, capital, art and culture. We are fortunate that it has those deep links, and I think a lot of that is supported by the strong international students (from India) that we get to Melbourne every year as well.
Source: The Hindu BusinessLine
