Leader and former Defence Minister, Peter Dutton, is set to embark on a historic visit to India, accompanied by a delegation of 20 influential industrialists. Their mission is to prepare for a pivotal 4-day Economic Trade Delegation Summit scheduled to kick off on November 1.
The delegation is organized by the India-Australia Strategic Alliance under the guidance of its Chairman, Dr. Jagvinder Singh Virk, who is dedicated to fostering strategic trade ties between India and Australia.
This visit is a response to the invitation extended by Prime Minister Narendra Modi to Peter Dutton, with the primary objective of establishing a Strategic Trade Alliance for mutual investments between the two nations.
The event, known as the Economic Trade Delegation Summit, is slated to take place at the Hotel Leela Palace from November 1-4, 2023. Its core goal is to promote thriving trade and business partnerships, building upon the Free Trade Agreement inked by the Indian and Australian Governments in 2022.
This year’s Economic Trade Delegation carries the overarching theme, “Driving Businesses to the Next Effective Levels,” reflecting its ambition to enhance growth and productivity across various sectors.
The summit will focus on industries including Education, Space, Agriculture, Information Technology, Health Care, Financial Technology, Rural Development, Defence, and Renewable Energy. India’s vast and diverse population plays a significant role in promoting social enterprises that balance profitability and social impact, making them essential for international collaborations.
The summit underscores the crucial role of business mentorship, funding support, and market understanding in facilitating the success of global partnerships. By highlighting the significance of social enterprises, this initiative aligns with the developmental goals of both India and Australia, contributing to the prosperity of both nations.
Peter Dutton’s visit demonstrates his commitment to strengthening the relationship between Australia and India. As the leader of the Liberal Party, his inaugural visit to India follows a resounding victory in a recent referendum. This visit not only underscores his expanding leadership roles but also highlights his deep appreciation for India, marking the evolving and indispensable bilateral relationship between the two nations.
The Economic and Trade Delegation, scheduled for November 1-4, 2023, will include focused sessions designed to maximize the impact of businesses and support systems that promote the growth of Indian and Australian companies.
In a cultural engagement aspect of the visit, the delegation will pay a visit to the Akshardham Temple on the morning of November 1 and offer their respects at the Sri Bangla Sahib Gurdwara on the morning of November 2, 2023.
