New Delhi, Jul 12 (PTI) The government of Western Australia on Tuesday urged the Indian investors to invest in sectors like mining, energy transition, equipment technology services, agri-food among others.
Roger Cook, Deputy Premier of Western Australia, said the trade between his state and India currently stands at 4.6 billion Australian dollar (AUD) and "I see this growing significantly with time as there is immense business opportunities in Western Australia." It calculates to 17 per cent of the total trade in goods between Australia and India.
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Cook, who is also the state development, jobs, trade and tourism minister of Western Australia, an Australian state, was speaking to PTI on the side lines of an event in the national capital.
Cook said he is leading "the largest ever business delegation" of Western Australia to India comprising over 100 delegates, from July 12 to 19 and will be visiting Delhi, Mumbai, Visakhapatnam and Chennai.
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When asked about the list of companies Cook will meet as part of the delegation, the Deputy Premier replied he will be meeting various Indian business houses across sectors including the Tata Group to showcase the opportunities Western Australia has in sectors like mining, energy transition, equipment technology services, agri-food, education, tourism etc.
"We have reserves of iron ore, all elements of lithium ion batteries and India is going to be a big EV (e-vehicles market)," Cook said, adding the the investors can explore options like becoming equity partners or go for joint ventures.
India's NMDC through Legacy Iron Ore Limited is already doing well there, he said.
Cook ensured his full support to the players looking to invest in his state.
According to NMDC's CMD Sumit Deb, his company holds 90.05 per cent equity in Perth-based Legacy Iron Ore Limited and has invested more than 40 million in Western Australia. The company is into mining of iron ore.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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