Priority Industry Sectors
A growing partnership - WA and India
Western Australia is one of nation's most prosperous State offering an abundance of opportunities to potential investors. For many years Western Australia has proved itself globally as a reliable and competitive source of mineral and energy resources including iron ore and LNG that can support India's economic growth. India is Western Australia's fifth largest export market, worth over $ 2 billion in 2015, and an important investor in WA resources industries. Beyond resources there are many other areas, which are being developed to our mutual benefits including fine food and wine, education, building and construction and mining technology services. There are also important investment opportunities for collaboration in research and development of technologies and products in fields such as health, agriculture and biotechnology.
Changing business environment opens the door wider
In recent years India's consumer market has matured, undergoing significant qualitative changes. A growing acceptance of foreign products and technology, together with legislation to make starting a business easier, means it is significantly easier for a foreign business to become established in India, in terms of both cultures and regulations. At the same time, corporate restructuring and increasing deregulation and competition have whittled away the high costs of doing business.
Opportunities for WA companies
In both general and niche markets alike, the South Asian markets of India and Sri Lanka offer WA companies diverse opportunities to expand their business in a number of sectors including: