India is more than just a low-cost alternative for Australian technology companies looking to outsource. Indian expertise, rather than economics, is generating rewarding returns on investment, writes Ian Birks of the Australian Information Industry Association.
Kumar Parakala, National Leader, India Country Practice, KPMG Australia
The balance of trade very much favours Australia at present, but opportunities abound in both directions.
The relationship between India and Australia is gaining strength and offers great potential for businesses in both countries. However, more balance is needed in order to forge a true partnership.
Trade between India [...]
India’s rapid growth and increasingly outward-looking economy are opening up opportunities for Australian companies in virtually every sector. Both governments identify a number of industry sectors, including mining and resources, infrastructure, energy, information and communications technology, services, agriculture, education and biotechnology. Small to mediumsized enterprises are also making their mark, in areas from legal services, water and environment management services, tourism, food and wine.
