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Thursday, 28 September 2006 05:54

Program launched in India to help Victorian firms


ImageInvest Victoria, Victoria government’s lead agency for promoting the state of Victoria, has set up its first business office in Bangalore to help Indian companies to invest in the state of Victoria.

It has also launched a program called “Access India”.

Victoria’s Commissioner for India, Wayne Lewis said, “Our goal is to use the new office as a platform to promote Victoria and its capital city Melbourne, as a key location for India’s overseas investment. We would like to raise awareness about Victoria, create connectivity and opportunity to do bilateral trade.”

Staffed by specialists, the Bangalore office will assist Indian companies to invest in Victoria. Conversely, a trade development manager will assist Victorian companies entering the local Indian market through an innovative program called “Access India”.

“Access India” will provide office space for free for a limited period to qualified Victorian companies entering the Indian market, as well as access to the networks and expertise of Victoria’s Bangalore office staff.

Invest Victoria CEO Ben Foskett said “The “Access India” program is based on a successful model we have working in the US and China, and I am sure it will make a positive difference for Victorian businesses in India, too. We chose to open office in Bangalore as it is the city with a vision. Moreover, Bangalore and Melbourne are recognized for their push to be industry leaders in innovative sectors such as biotechnology, ICT, food processing and aerospace.”

The Bangalore office is focused on key business areas such as infrastructure development, IT, BT, advanced manufacturing, automotive industries, education, R&D, agribusiness, food, transport, logistics, tourism, the aviation and aerospace sectors.

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