IndiaOverview & Insights

Introducing

Michelle WadeTrade Commissioner for Victoria to South Asia

Agenda

• Global Victoria Team in India• Introduction to India• Recent Economic Developments – A Rapidly Changing Landscape• Victoria’s India Strategy• Focus Regions• Focus Sectors and Trends• Forthcoming Activities• Doing Business Advice• Q&A

Global Victoria’s India Team

Abhishek PadwalSenior Manager - Trade

Jay Singh DikhitManager - Investment

Mumbai Office

Michelle WadeCommissioner for Victoria to

South Asia

Gopi ShankarDirector - Trade & Industry

Surjith SinghDirector - Operations

Annie Helen SanthanaRegional Director - Education

Vidyanand SagaramDirector - Strategic Projects

Bangalore Office

Indira PonnappaExecutive Assistant to the Commissioner

Sriram KasthuriDirector - Investment

Arif BasherManager - Trade

Anita KumariTrade Manager (Education)

1.3 Bn

2.9 Mn Km2

US$ 2.8 Tr

US$ 2,135

Population

Land

GDP

25.5 Mn

7.7 Mn Km2

US$ 1.5 Tr

US$ 59,655GDPper capita

India Key Statistics

Indian Economy

77th

Ease of Doing Business

5th

Largest Economy

in the World

6.6%Fastest Growing Economy

RCEPProposed FTA Negotiations

Victoria’s India Strategy

• Launched 2018• 10 year strategy• Nearing end of first three years of

delivery• Celebrates and deepens our

relationship• Increased profile, increased visits,

increased understanding

Our FocusRegions

1

2

3 6

5

7

4Mumbai(Bombay)

Bengaluru(Bangalore)

50,000 students per year

Post grad focus and EdTech

Education

Urbanisation solutionsEnvironment, water and

architecture/project management

Liveability

Supply of goods, services, education, tech collaboration

Health & Well-being

Solutions targeting high performance and

professional leagues

Sports

Victoria’s Focus Sectors and Trends

Still nicheRequires staying

power

Food & Beverage

Victoria is #1 destination

Growing rapidly despite few direct

flights

Visitor Economy

Major Indian IT companies are key

investors in Victoria

Investment

Victoria’s Focus Sectors and Trends

74.3 83.8 103.0 117.5144.5

172.6180 193

249298

376543

0

100

200

300

400

500

600

0

20

40

60

80

100

120

140

160

180

200

2013 2014 2015 2016 2017 2018

Growth of Indian Overnight Visitorsand Visitor Expenditure in Victoria

Tourism

Visitors ‘000sExpenditure AUD$Mn

Outbound MissionsMar 2020, Women’s T20

Inbound MissionsOct 2019, IMARCOct-Nov 2019, AusBiotechNov 2019, WECMar 2020, VAMFF May 2020, Craft Beers & SpiritsSep 2020 Global Table

Other ActivitiesFeb 2020, Wine Tasting

Forthcoming Activities

Be cautious and confident

Consider partners on capability not

on connections Services - check visas, tax rules, be prepared to scale up, invest in good local staff (and retention)

Be prepared for requests at late notice; 24/7 culture

Be prepared to negotiateResearch the

market properly

Goods - investigate labelling, registration, customs carefully, set realistic sales targets

Market Entry Advice

4Ps of Doing Business in India

Presence Persistence Partnership Passion

India

Thank you