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The Hon. Martin
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Ferguson AM MP
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om the minister
It is a pleasure to provide a foreword in this inaugural
issue of Invest in Australia – India.
Australia and India share a strong Australia has a rich abundance of
relationship that is underpinned by mineral resources and sees itself as a
expanding trade and investment in a global leader in the resources sector.
wide range of fields including energy, This is why we invest so heavily in
mineral resources, tourism, education infrastructure, research, innovation and
and financial services. development to develop our resources
India is experiencing a period of to their full potential. We are exporting
nation-shaping economic growth, this technology throughout the world.
a thriving base for commerce and There is great scope for cooperation
businesses now looking towards between our industries and as
expansion in our region. Australia has Australia begins its transition to a lower
been built on international investment carbon economy, there will be future
and values our trading relationships opportunities to invest in our energy
with our neighbours in the Asia-Pacific. technology sector.
As businesses start to look beyond With the demands of growth comes
India’s borders towards international an increasing demand for energy.
investment, we encourage you to explore Securing an adequate, affordable and
opportunities in Australia. secure energy supply will be one of
Australia is a sophisticated modern the key challenges facing India in the
economy where international investors coming years. Australia, as a leading
can explore business opportunities resource exporting nation, has an
across a broad range of industry sectors. important role to play in meeting this
Well-established primary industries such challenge. In 2006-07 the value of our
as mining and energy have assisted the mineral and trading exports to India
development of a world-class services totalled more than A$9 billion and will
sector, providing services and support for grow as we continue to build our trading
establishing businesses. relationships.
As Minister for Resources, Energy and I hope you find this publication a
Tourism I am particularly proud to have valuable resource and that it inspires you
responsibility over three portfolios helping to consider future business opportunities
to shape the Australia-India relationship. in Australia. We look forward to doing
As a recent visitor to India, I have been business with you.
fortunate to see for myself the significant
changes in these key economic industries Martin Ferguson aM MP
and the growing relationships between Minister for resources,
businesses in our respective countries. energy and tourism
INVEST IN AUSTRALIA – INDIA 7
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