Welcome to AIBC
Welcome to the Australia India Business Council – the peak body which facilitates bilateral business and trade across Australia and India. India is Australia’s 8th largest trading partner and 5th largest export market, and I am humbled and delighted to have been re- elected in this role as National Chair at an important time in the history of the Australia-India relationship.
I am pleased that Ms Sanushka Seomangal, AIBC National Vice Chair and I have been re-elected unopposed in 2020.This is a great vote of confidence in our ongoing performance, as we continue to build a stronger platform of driving a sharper business focus for all activities of the Australia India Business Council.
The AIBC is now established as a unique business council with a great profile in both India and Australia. I will continue with our highly successful national and state strategic plans. These plans will have Key Performance Indicators and provide a sharper business focus to all our activities. Our policy framework will remain based on the “India Economic Strategy to 2035 – navigating from potential to delivery” report.
The AIBC acknowledges the difficult times faced by businesses, and indeed all of us, due to the COVID-19 pandemic restrictions and economic fallout. Going forward, AIBC will continue to work towards building stronger platforms in facilitating and nurturing growth opportunities for business and investment between Australia and India.
AIBC has continued to collaborate with partners and sponsor to host high level webinars with record attendances and presented a highly focused business profile. We have strengthened our partnerships in India with CII, FICCI, Australia Indo Business Chamber and Invest India.
In Australia we have opened
up new partnering opportunities with the Business Council of Australia (BCA) and the Export Council of Australia (ECA). We are continuing to strengthen our relationships with Federal, State and Local Government agencies in both Australia and India.
I am very encouraged with the high quality of our national chapter chairs in key areas of trade and investment and we will incorporate any strategic responses from the Government of India.
The National Chair’s Email hotline set up for constructive feedback and business focused suggestions has been well received and continues to deliver successful outcomes.
AIBC Industry Chapters have been established across all states and territories – Agribusiness; Corporate and Investment; Education and Skills Development; Financial Services; Healthcare; Information & Communication Technology (ICT) and Digital; Make in India; Renewable Energy; Small and Medium Enterprises (SMEs); Start-ups and Innovation; Women in Business and Young Business Leaders.
We look forward to delivering a 12-month program of events using digital platforms and social media. These events will be delivered by our industry chapters.
Our National Industry Chapter Chairs, together with our recently launched AIBC Digital Exchange Forum (#AIBCDEF), are well aligned to maximizing our facilitation of the comprehensive strategic partnership between India and Australia, signed off on 4th June 2020, at the virtual summit between the Prime Minister of India and Australia.
At the end of the day we have a very simple Key Performance Indicator: What have we done to increase the trade and investment between Australia and India?
AIBC welcomes more involvement from Australians of non-Indian origin as we consolidate our identity as the pre-eminent Australia India Business Council. We look forward to working collaboratively with any persons or organisation that supports our business objectives and outcomes, especially through our industry chapters.
I look forward to working with you to increase and enhance the business-to-business relationships between states and territories of Australia and the states of India.
Our network of state and territory chapters will be energised and empowered to embrace our ambitious business agenda.
Jim Varghese AM
AIBC National Chair