With the dual objectives of promoting awareness of the potential of the Indian market amongst Australian business people and promoting Indian awareness of trade and investment opportunities in Australia, the Council supported activities aimed at making bilateral trade opportunities better known and understood in both countries.
The Council-funded Australia–India Business Exchange Program, managed by the Australia–India Business Council, seeks to provide young Australian and Indian business executives with first-hand knowledge and experience of each country's business, economic and social environment and technological infrastructure, and to develop bilateral business contacts.
In November 2000 Mr Randeep Agarwal of Woodside Energy, based in Western Australia, visited India to undertake a study of possible Australia–India partnerships in sustainable energy. On the basis of his exchange at the Tata Energy Research Institute in New Delhi, Mr Agarwal made a series of recommendations for future Australia–India collaboration on clean development mechanisms in the power generation sector.
|The Council provided funding to the Australian Competition and Consumer Commission (ACCC) to facilitate a visit to Canberra during April 2001 by Mr Pradeep Mehta, Director-General of the Consumer Unity and Trust Society (CUTS), a leading national consumer action group advising the Indian Government on preparation and implementation of appropriate legislation on competition policy. Mr Mehta (right) met Mr Hank Spier, former Chief Executive Officer and now consultant to the ACCC, to discuss Indias draft competition law. (Photo: ACCC)|
The Council agreed to provide funding to the Australia–India Business Council for a fifth annual program of business exchanges, to take place in 2001–02.
To assist the Indian Government in developing effective competition legislation, the Australian Competition and Consumer Commission provided advice on Indian draft competition law, and facilitated a visit to Canberra during April 2001 by Mr Pradeep Mehta, Director-General of the Consumer Unity and Trust Society, a leading national consumer action group advising the Indian Government on the preparation and implementation of appropriate legislation on competition policy.