Austrade's Tech Trade Mission 2023 Facilitates Australian Tech Organizations' Engagement in India's Flourishing Innovation Ecosystem
The Australian Trade and Financial commitment Commission (Austrade) a short while ago concluded its Tech Trade Mission to India 2023 as a part of the Australia India Innovation Network (AIIN) program. 9 Australian Tech organizations from Digital wellbeing/Medtech, Quantum and AI, and SAAS visited Chennai and Bengaluru from 27 November 2023 to 01 December 2023 to engage with Indias diverse tech setting.
Austrades Tech Trade Mission 2023 Facilitates Australian Tech Firms Engagement in India
For the duration of the mission, Australian tech firms attained accessibility to Indias innovation ecosystem, fostering connections with Indian tech sector, and equipping them with marketplace insights and enterprise connections to leverage rising options.
Austrade performed a considerable position in endorsing Australian tech abilities all through the mission, facilitating connections in just Indias tech ecosystem.
The tech mission also participated at the Bengaluru Tech Summit (BTS) 2023 which introduced alongside one another field leaders, startups, tech specialists, and policymakers in Bengaluru, recognized as a hub for engineering and innovation in India.
Austrade, in partnership with the Section of Overseas Affairs and Trade, the Office of Residence Affairs and the Western Australian Authorities, sent Australia’s existence as “Innovation Associate” at the Bengaluru Tech Summit 2023. The Australian pavilion gained the Most Revolutionary Screen award at BTS 2023.
MoU Signings at the Bengaluru Tech Summit
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Australian Tech firm Upcoming XR’s Indian entity Mayjun Infotech signed an MoU with India’s Catnip Infotech to collaborate in the areas of complex assets availability, content progress and human assets.
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Australian Tech business Givvable signed an MoU with India’s GIST Affect to collaborate and promote a digital evaluation software for SMEs that has been co-developed with the Intercontinental Chamber of Commerce.
Mr. Vik Singh, Trade and Expenditure Commissioner – South Asia, Australian Trade and Investment Fee (Austrade) stated, “Were thrilled to convey Australian tech corporations into Indias vivid innovation landscape by the Australia India Innovation Community. This mission, covering Chennai and Bengaluru, provided Australian tech innovators with the option to join with Indias dynamic current market, collaborate with probable associates and explore new possibilities. As the Innovation Companion at the Bengaluru Tech Summit, ended up honoured to facilitate know-how collaboration across borders, marketing equity, inclusivity, and sustainability. Australia’s ongoing partnership with India, showcased by means of situations like these, underscores Australias motivation to nurturing progress, encouraging innovation, and constructing global tech connection.“
Australia is a excellent location to establish digital technologies. Australia’s A$167 billion tech sector is good, dynamic and is developing speedy. It has expanded by 80% in just 5 decades and will contribute a predicted A$250 billion to the Australian overall economy by 2030. Australia has abilities in SaaS, fintech, cyber protection, quantum, digital online games, and throughout the engineering spectrum.
About The Australian Trade and Financial investment Fee
The Australian Trade and Financial investment Fee (Austrade) is the Australian Government’s international trade marketing and expense attraction company. We supply quality trade and investment providers to enterprises to mature Australia’s prosperity. We do this by producing and providing sector info and insights, endorsing Australian ability, and facilitating connections as a result of our intensive international network.
To find how we can help you, pay a visit to www.austrade.gov.au.
