Union Minister for Commerce and Industry, and Textiles Piyush Goyal has said that Australian sheep wool woven to fabric or apparel in India, will make an excellent offering to the world and that Australia can benefit from the immense talent and skills of the Indian population, especially the youth.
Observing that Australia has been a provider of raw materials and intermediate products to large parts of the world, the Minister said that India could convert these to finished products using its vast, skilled labour force and serve the world.
Addressing the gathering at the Business Luncheon hosted by Deputy Premier Roger Cook in Perth, the Minister invited Australian businesses to Make in India and said that the start-ups from both nations must engage with each other.
He underscored that Australia has fantastic innovations and research and new ideas and India has the talent pool to take these to the world.
Outlining areas of focus under the agreement such as education, research, innovation, technology, manufacturing, etc., the Minister called for deepening engagements in areas such as sustainability.
“We must continue working together, all the while respecting each other’s sensitivities, positions in terms of levels of prosperity, market size etc.,” he said.
