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INTE
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Australia India
VIE
Business Council
w
Interview with Dipen rughani, President of the nsw Chapter of
the Australia India Business Council.
aibc
Q:
What is the role of the AIBC in Australia?
Julia Gillard, Stephen Smith
DIPEN RUGHANI: Australia India Business and Simon Crean, as well
Council (AIBC) is Australia’s premier organisation as upcoming visits by Kevin Rudd and the premiers of
representing trade between India and Australia. AIBC VIC and QLD, makes Invest in Australia – India timely.
NSW Chapter contributes over 45 per cent of members
and resources to the national chapter and works closely
with NSW State and Federal Government agencies.
Q:
How important is this platform to facilitate
trade between India and Australia?
RUGHANI: Any project that facilitates or accelerates
Q:
What are the recent successes and
exposure for both countries in the area of trade is always
challenges of the AIBC NSW?
beneficial. These projects open new doors for a number
RUGHANI: AIBC NSW recently held its Annual Australia of different industry sectors and groups to meet and
India Address, which celebrated Indian Independence conduct business, and Invest in Australia – India is no
Day. This year was one of the most successful yet with different. I have no doubt it will add value to increasing
over 500 attendees including representatives from both bilateral trade between the two countries.
sides of the Federal Government, the Premier of NSW
and the Opposition Leader, along with dignitaries,
senior business leaders and sporting greats.
Q:
What do you think is the biggest thing
Australian businesses need to know
It is also worth mentioning that during the recent
about India as a trading partner?
Indian student crisis, our newly formed education RUGHANI: I don’t believe there is any single
chapter wrote a report on the real issues at hand and consideration to be made. Australian businesses
how these issues can be addressed and overcome. venturing into India should begin with thorough due
The chapter also assisted the NSW Ministerial Task diligence relevant to that particular business. I encourage
Force, set up by the NSW Government. The chair Australian businesses planning to work with India to
of the task force is also a member of the NSW AIBC first work closely with AIBC and government agencies
Education Chapter. such as the Department of Industry & Investment and
Austrade for guidance.
Q:
What exactly do you do for the AIBC –
what is your remit and responsibilities?
RUGHANI: I am the president of the AIBC NSW
Q:
What would you say are the strengths
about Indian and Australian business
Chapter. My responsibilities are varied and sit across
and where do you see the biggest opportunity
all areas including generating new sponsors, assisting
for commerce?
chapter chairs to formulate strategies and goals, RUGHANI: There is a long history of trade between
organising events, and hosting dignitaries from India. our two countries. Strength also lies in cultural
I also work closely with government agencies such as similarities including English as a common language,
the Department of Industry and Investment, Department the Westminster legal system and a love of cricket. I
of Foreign Affairs and Trade, and Austrade. I also work feel opportunities for trade exist across many sectors.
closely with the AIBC national executive to formulate and Earlier this year we introduced industry chapters in
assist with national plans and strategies. ICT, banking, finance & insurance, education, mining
& resources, real estate, legal & professional services,
Q:
Why is the Invest In Australia – India
infrastructure, agriculture, media entertainment & sport,
project relevant for increasing bilateral
women in business, medical and health, sustainable
commerce between the two countries right now?
energy, and a CEO and director’s forum. There is growth
RUGHANI: The Australia India relationship has recently potential in all of these industries and AIBC is at the
been highlighted. The recent appointment of Peter forefront of promoting these sectors.
Varghese as the new high commissioner of Australia to
India, the recent visits to India of senior ministers such as www.aibc.org.au
INVEST IN AUSTRALIA – INDIA 19
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