Australia’s Opposition Leader and former Defence Minister, Peter Dutton is visiting India with 20 top Industrialists this week to participate in 4-day Economic Trade Delegation Summit starting November 1.
Organised by the India-Australia Strategic Alliance led by its Chairman, Dr Jagvinder Singh Virk to promote strategic trade between India and Australia, is being held on an invitation by Prime Minister Narendra Modi to Peter Dutton. The purpose of the visit is to establish a Strategic Trade Alliance for mutual investments between India and Australia. This landmark event, the Economic Trade Delegation Summit, is scheduled to take place from November 1-4, 2023.
The primary focus of this trade delegation, led by Virk and Dutton, is to forge successful trade and business alliances following the Free Trade Agreement signed by the Indian and Australian Governments in year 2022. The overarching theme of this year’s Economic Trade Delegation is “Driving Businesses to the Next Effective Levels” in an increasingly interconnected Global Economy often referred to as ‘The Global Village.’ The summit seeks to drive growth and productivity in various industries, including Education, Space, Agriculture, Information Technology, Health Care, Financial Technology, Rural Development, Defence, and Renewable Energy.
With India’s large population and diverse demographics, social enterprises play a crucial role in advancing business outcomes. These enterprises balance profitability with social impact, making them integral to the success of global partnerships. The summit aims to shed light on the path that business leaders and social entrepreneurs follow and emphasize the role of business mentorship, funding assistance, and market understanding in facilitating the success of international collaborations.
