Export
Issue No. 30 - August/September 2006
Big tickets to India, Singapore, Malaysia
International Business Week 2006
India — the third largest global economy in PPP terms — is continuing to expand rapidly and throw up numerous trade and investment opportunities for South Australian businesses.
The big-ticket opportunities are in the infrastructure and energy sectors which are being opened up to private enterprise. The underdeveloped ports, inadequate roads, choked airports, congested telephone lines and severe power shortages have been nightmares for companies doing business in India. But not for long.
The aviation sector is booming. With about 350 new aircraft on order, India is one of the hottest markets for aircraft and related service suppliers globally.
The Mumbai and New Delhi airports were the first ones to be privatised and there are similar plans to develop and upgrade 35 other airports in smaller cities.
The Commonwealth Games in New Delhi in 2010 is a big opportunity that SA companies involved in sports infrastructure services should not miss.
India emerging as one of the largest exporters of IT services in the world. However, there is still potential to export ICT products in niche sectors such as mining, e-security, e-governance, e-health and e-finance to name a few.
The middle class population of 300 million has growing disposable income and its changing lifestyle is fuelling demand for consumer products. Australia clearly has the image of a grower of agri products in a clean, green and safe environment which our companies can leverage.
The Indian organised retail sector is set to take off with several global and local players such as Wal-Mart, Tatas and Reliance preparing for large investments when the Indian government allows foreign direct investment, which presents a good opportunity for SA consumer products.
The wine industry, with a current market size of some 500,000 cases pa, will be a significant beneficiary of a retail revolution. Currently the high import duties are a barrier for our wine exports. ...
