AIBX 2022 Business 

mission TO INDIA

About AIBX

The Australia India Business Exchange (AIBX) is the Australian Government’s flagship program to increase trade and investment links with India. In April 2022, AIBX gained a major boost. Australia signed an historic trade agreement with India, the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA). 

To help business leaders grasp new opportunities, Austrade is hosting a business mission to India from 26 to 30 September 2022, led by Austrade CEO Xavier Simonet. The mission will help you explore fast-changing markets, make valuable contacts and find potential partners. It will focus on 5 industry sectors:

  • Agribusiness and Food 
  • Infrastructure and the Built Environment
  • Critical Minerals
  • Digital Health
  • Education

This will be an intensive 5-day program. It will include business matching, expert market briefings and high-profile events designed to trigger partnership opportunities.

Sectoral programs will be tailored to the interests of the participating companies. They will take you on industry site visits that help you understand how markets work in your sector. You will meet officials and industry representatives who can explain how exporters and distributors typically work together. 

Why India

India is now one of the biggest, long-term growth opportunities for Australian business. The Indian economy has grown by an average 5.5% p.a. over the past 10 years. This means the income of India’s 1.4 billion population is rising rapidly. There is fast-growing demand for new products and services in core sectors — including food, education and health.

Urban spaces are being transformed. The Indian Government has plans for scores of major infrastructure projects, including up to 100 new airports. Provincial governments want to develop new city concepts for the country’s aspirational middle class. Ministers want industry to embrace low-carbon initiatives.

Why now

The AI-ECTA deal signed in April gives Australian companies a headstart in Indian markets. By reducing tariffs and barriers to trade, AI-ECTA will improve two-way market access for Australian businesses. This comes as Indian markets become ever more open to overseas products, brands and services.

Today, the Australia-India relationship is at an historic high point. Since November 2021, the Australian Government has announced over A$280 million in new initiatives. Our goal: to build Australian-Indian relations into a key strategic partnership.

Who should participate

Austrade invites expressions of interest from CEO, Export Manager, VC, DVC level representatives from the following sectors. A maximum of 2 representatives per company will be permitted to attend.

Agribusiness and Food - Experienced Australian exporters in processed foods, horticulture, meat and wine.

Infrastructure, and the Built Environment - Australian exporters with capability in construction tech and proptech, digital buildings / IoT, logistics and parking technologies, environmental technology, big data and analytics, artificial intelligence, and machine learning.

Critical Minerals - Critical minerals mining companies that want to explore offtake contracts and investment opportunities; mining companies that want to explore the potential for collaborative prospecting or research; and mining tech suppliers that specialise in midstream processing technologies.

Digital Health - Potential exporters in multiple subsectors including remote care and monitoring, digital therapeutics and diagnostics, artificial intelligence, genomics, cyber security, e-prescriptions, telemedicine and electronic health records.

Education - University leaders interested in TNE, edtech and skills training; institutions and edtech companies that are looking for new partners/investors; Australian peak bodies with an interest in vocational education and training in India; and school boards that may want to set up Australian school curricular in India.

Technology and Innovation - Scaleups who want to expand into India; established tech firms who want to export to India; tech firms looking for talent and new technologies. 

For more information

For more information on commercial opportunities in India:  Update to the India Economic Strategy to 2035 

To register your interest, click the button below: