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Welcome to the 1 December, 2022
edition of INDIA BULLETIN, presented by the Consulate General of India, Sydney


PM Modi holds meeting with Australian counterpart Albanese on sidelines of G20 summit in Bali.


Prime Minister Narendra Modi on 16 Nov, met his Australian counterpart Anthony Albanese on the margins of the G-20 summit here and discussed ways to further cement the Comprehensive Strategic Partnership with a focus on cooperation in education and innovation sectors.

Minister Piyush Goyal and the UAE, Sheikh Abdullah bin Zayed, Al Nahyan, held wide-ranging discussions

India and the United Arab Emirates held wide-ranging discussions on strengthening energy and food security linkages amid geopolitical upheavals
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Sajjan Jindal sees $100 billion opportunity for the Indian industry


The former is valued at about $400 million annually and comprises raw materials or consumables required in our manufacturing process. The second can be attributed to our purchase of equipment and machinery..

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Initial size of India-Australia trade deal can go up to $45-50 bn in next 5-6 years: Piyush Goyal


Initial size of bilateral trade between India-Australia Economic Cooperation Trade Agreement (IndAus ECTA) can go up to around USD 45-50 billion in the next 5-6 years.



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India's overall foreign trade shows steady growth


India's overall exports (merchandise and services combined) in April-October 2022 are estimated to be USD 444.74 billion, exhibiting a positive growth of 19.56 per cent over the same period last year. Overall imports in April-October 2022 are estimated to be USD 543.26 billion, exhibiting a positive growth of 33.80 per cent over the same period last year.
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India's pharmaceutical exports have grown by 138% since 2013-14: Mr. Mandaviya


As the world's pharmacy, India had a 138% growth in pharmaceutical exports from April-October 2022–23, as compared to the same time in 2013–14. Exports rose from Rs. 37,987.68 crore (US$ 4.64 billion) in 2013–14 to Rs. 90,324.23 crore (US$ 11.04 billion) in 2021–22.

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India eyes smaller nuclear reactors for clean energy transition: Minister Jitendra Singh


India is taking steps for the development of small modular Reactors with up to 300 MW capacity to fulfil its commitment to transitioning towards clean energy

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External Affairs Minister Dr. S. Jaishankar meets the youth delegation from Central Asian countries who just finished an India immersion programme.

The Department of Youth Affairs is hosting over 100 members of a youth delegation from Central Asian countries as part of a one-of-its-kind international youth exchange programme.

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India enters into deal for export of 35 lakh tonnes sugar so far in 2022-23 season: ISMA


India has entered into a contract for export of about 35 lakh tonnes of sugar so far in the ongoing 2022-23 season, out of which 2,00,000 tonnes have been shipped last month

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Australia sends delegates to mining & machinery exhibition in India


Business leaders will also be able to develop a first-hand understanding of India’s mining industry, including recent policy reforms, regulatory requirements, and potential investments.

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India to be world's 2nd largest economy by 2050, to add a trillion dollar to GDP every 12-18 months: Gautam Adani


This multilevel crisis has shattered the myth of a unipolar or a bipolar world of superpowers that could step in and stabilize global environments


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India's exports won’t rebound before mid-2023


A rebound in India's exports will not emerge before the middle of 2023 given the weakness in global demand, says Lakshman Achuthan, co-founder of the New York-based Economic Cycle Research Institute (ECRI).

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Australian Parliament okays FTA with India; to help double bilateral trade


The agreement, once implemented, will provide duty-free access to the Australian market for over 6,000 broad sectors of India, including textiles, leather, furniture, jewellery and machinery .

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India Investment Grid: Click on the image above for
https://indiainvestmentgrid.gov.in/opportunities/nip-project/Kaleshwaram Irrigation Development Project/704864
 


Shri Vivek Bharadwaj, State Secretary of the Indian Ministry of Mines participating in the International Mining and Resources Conference (IMARC) in November, 2022 in Sydney. On the sidelines of his participation in the event, Mr.Bhardwaj, met with Mr. Bandar bin Ibrahim Alkhorayev, Saudi Arabia`s Minister of Industry and Mineral Resources, and Mr.J.Ganbaatar, Minister of Mining and Heavy Industry of Mongolia, along with Indian delegates.



Glimpses of celebrations in the consulate with friends of India coinciding with Diwali festivities



IMARC, Sydney attracts more than 470 exhibitors representing all aspects of the mining value chain. Unmatched by any other mining event in Australia. IMARC hosts the largest number of Mining Ministers and Government officials from around the world. India’s pavilion was a remarkable icon; showcasing it’s resourcefulness, opportunities, and potentiality to the mining countries around the world..



Check out the latest ediiton of
'INDIA PERSPECTIVES: THE FLAGSHIP MAGAZINE OF THE MINISTRY OF EXTERNAL AFFAIRS, GOVERNMENT OF INDIA'
by clicking on the image above.










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