INZBC Event report 2019

EVENT REPORT

2019

WWW.INZBC.ORG

Growing India - New- Zealand Business Relations Growing India New Zealand Since 1988 Relations Since 1988 Business

www.inzbc.org

ABOUT INZBC The India New Zealand Business Council [INZBC] is the premier trade organisation in New Zealand, which has been working for over 25 years to build trade relations between India & New Zealand.Since 1988, the India New Zealand Business Council (INZBC) has promoted and encouraged trade in goods and services, investment, scientific, technical and economic cooperation between India and New Zealand. INZBC is a member-based independent organisation, not-for-profit incorporated society, which exists for three purposes: • To lobby and inform government on trade-related matters • To disseminate information and know-how on doing business between the two countries • To facilitate business development on behalf of members through leveraging networks INZBC is run by industry leaders of New Zealand, who have years of experience in this sphere, thereby becoming the key stake-holders for International Trade Development of India & NZ. INZBC has been recognised as the main industry body by both the governments of India & NZ. Almost all of the visiting delegations of Govt. of India have been hosted by INZBC, and we have organised networking events for them.

With over 160 members spanning across various industries, like agriculture, horticulture, dairy, infrastructure, finance, education, tax planning, etc.; the members form the main-stay of corporate leaders of New Zealand.

INZBC holds regular industry events, calling upon specialists and ministers, representatives of NZTE, MFAT,etc. for meaningful dialogues within the business community.

INZBC strives to help the industry to engage, interact and grow together.

WHAT WE DO INZBC gives members a host of benefits, from more information to networking opportunities, more business ties , to getting a say with the policy makers.

All this and more benefits keep adding to the INZBC members. The INZBC activities are targeted at achieving our key objectives: •

To improve market access to NZ exports and help increase the country’s GDP.

•

Open up New Zealand market for Indian products and services.

•

To fecilitate kiwi businesses to do investments in India and promote, ‘Make in India’.

For further information please see following links: http://www.inzbc.org/ | http://www.inzbusinesssummit.com/

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EXECUTIVE COUNCIL OF INZBC B OA RD ME MB ERS SAMEER HANDA

EARL RATTRAY

CARMEN VICELICH

MARK FROOD

JAY CHANGLANI

BHARAT CHAWLA

Chair, INZBC Director, Glowbal NZ Ltd.

Board MEmber, INZBC CEO & Founder, Valocity Global CEO & Founder, Data Insight

Board Member, INZBC Director, Orb 360

Treasurer, INZBC Director, Dairy Link Ltd.

Board Member, INZBC Tourism and International Market Development Manager, Auckland International Airport

Board Member, INZBC Director, International Sales and Marketing, Aspire2 International

EX E C U TI V E TE A M SUNIL KAUSHAL

BHARAT JOSHI

SREEDHAR VENKATRAM

SUSHRUTHA METIKURKE

Head, Strategic Partnerships, INZBC

Mumbai Chapter Head, INZBC CEO, South Asia, CricHQ

Delhi Chapter Head, INZBC CEO, J-Curve Ventures Pvt. Ltd

Wellington Chapter Head, INZBC

GARRY GUPTA Secretary, INZBC

Keep in touch with INZBC via our website: www.inzbc.org or subscribe to our newsletter, through our website.

INZBC Events 2019 | 3

OUR MEMBERS Our corporate members include the leaders in almost all industry sectors of New Zealand. Here are the current members list given in Alphabetical order.

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AB International Ltd Air India AIS St Helens Aium Limited Alastair Bell Associates Alliance Group ANZ Bank New Zealand Ltd ANZ Group Limited ARA Institute, [old: Christchurch Polytechnic Inst. Of Technology [CPIT] ASB Bank Ltd Ashcott Consulting Aspire2 International Atmopure Ltd. [Old: Diorella Impex Ltd] Attain NZ Aubade NZ Ltd Auckland Council - International Relations Auckland International Airport Ltd. Auckland Univ. of Technology [AUT] Aveda Nutriventures Aviation New Zealand Bank of Baroda Bank of India Bank of New Zealand Bayleys, Manukau Beef Lamb New Zealand Ltd Blossom Traders Ltd Blue Horizon Consultancy Services Ltd Blue Star Holdings Buckland Investments Ltd T/A Explorer Tours Building Compliance and Land Development Limited Burnard International Freight Services Canterbury Aero Club Cemix Ltd Cereus Holdings Ltd / MEDTECH CGB Consulting Limited Champion Freight NZ Ltd Chapman Tripp Chrysanthemum Empires Ltd Colliers International Limted Color Communications Inc Australasia Cordt International NZ Limited Cornell Institute of Business & Technology Coshha Limited CreateOps Ltd Dairy Link Ltd

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• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

Data Collection Ltd. DFK Oswin Griffiths Eastern Institute of Technology EDEX Academy (NZ) Ltd. Education New Zealand Trust EdVantage International Consulting Ltd EIF International Ltd. Ernst & Young Ltd Estero New Zealand Limited Eureka Financial Services Export Import NZ Ltd Eye In The Sky Fasten NZ Limited Fisher and Paykel Healthcare Fonterra Cooperative Group Ltd Fundagroup Galaxy Exim Limited GEMS International Giles Brooker Group Global Reach Associates Ltd Glowbal NZ Ltd GNR Accountants Limited Greenstone TV GRT Consulting LLP Guas Pak Group of Companies Hind Properties Ltd House of Travel [Mt. Eden] IANZ Innovations & Business Consulting Limited [Old:SIL Innovations Ltd] Immigration Advice NZ Ltd Immigration Advisers New Zealand Ltd Impact Sponsorship / O2O Ventures Indivar Software Solutions Limited International College of Auckland International Business Alliances Intueri Education Group Limited (Intueri Services Limited) IRG Equity Investment Advisors Ltd IT Services Limited / New Name: Relaunch Jayen Export Consultants Limited Jenartist Consultancy Ltd Kiwi Immigration and Education Consultants Ltd Kiwiana Careers Leaders in Real Estate Legal Associates limited Level Eighteen ltd

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

Lincoln University Liqour Barons Limited Lovelysmiles Mainland Air Manage My Education ltd Manukau Institute of Technology Engineering Faculty Modtec Group Ltd NAI Harcourts National Steel Nationwide Immigration Natural Exports New Zealand Limited Naturally NZ Holidays Nauhria Reinforcing Ltd Naveen Goel Law Offices New Zealand Airline Academy Ltd New Zealand Aviation New Zealand School of Education [NZSE] New Zealand Tertiary College [NZTC] Newton College of Business and Technology [NCBT] NiiA Beauty and Wellness Online Courses NZ Safety Brokers NZ Trade & Enterprise [NZTE] OHM Trading Pvt Limited Orb 360 Otago Polytechnic Pagemark Limited Pal Productions Ltd Pathways to NZ Pipfruit New Zealand Inc PKG Enterprises Limited Planet Ayurveda Pricewaterhouse Coopers New Zealand (PwC) Quality New Zealand Ltd Radiola Limited Rainey Collins Wright Ltd Redesign Group Reliance Biz Services limited Relianz Group ltd Riddet Institute at Massey University RPF Engineering and Food products trading group Rupex Growtech Ltd Sankalp Jagati Serko Service Food LTD. Shelter Realty Limited Silk Impex NZ Ltd Simple Freight Ltd

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

SJ Hospitality Limited Smilii Limited Southern Pastures Sovereign IT Solutions Limited Stamford Plaza Auckland Sterling Trade House Studywel Immigration Solutions Ltd. Sumprisa Ltd Tahi Pacific NZ Limited The Energy Collective Limited The Fundmaster Limited The New India Assurance Company Limited The Research Trust, Victoria University of Wellington [New Zealand India Research Institute] Tie Upp Toa Nutrition Tooras NZ Ltd. [Old:NZ Financial Solutions Ltd] Total Holiday Options Trade India NZ Transport Services and Logistics Ltd Turner Hopkins Universal College of Learning [UCOL] University of Waikato: Institute of Business Research Valeheart Vissma Food Consultants Vista Entertainment Solutions Ltd Waikato Inst. of Technology [WINTEC] Wallflower Advanced Digital Signage Limited Westpac Massey Fin-Ed Centre [Old Massey Univ] Westpac New Zealand Ltd Whitereia New Zealand & Wellington Inst. of Technology [WELTEC] William Buck Christmas Gouwland Ltd. Xano Ltd Trading as XChange Yealands Wine group Zamati Technology Zephyr Pure Air Ventilation Limited Zespri Zindia lTD.

Note: List of members as on 15 Jan 2020. Some new members details may have been added later in our register.

INZBC Events 2019 | 5

INZBC BIDS FAREWELL TO HIGH COMMISSIONER KOHLI IN WELLINGTON 15 May 2019

Sanjiv Kohli, the outgoing High Commissioner of India to New Zealand was formally farewelled at an evening function in Wellington on 15th May 2019.

The India New Zealand Business Council organised event was hosted at the Whitireia and Weltec Te Auaha NZ Institute of Creativity’s beautiful new facility in downtown Wellington.

In forming strong linkages with the community and helping out in difficult times, the former Governor General and former chair of the Commonwealth Foundation said he would remember Mr Kohli’s “wonderful contribution” to the office of the High Commissioner. Grahame Morton, NZ Ministry of Foreign Affairs & Trade’s Principal Adviser, Asia and Americas said Mr Kohli had achieved success in “all five Cs” – Community, Consular leadership,

Former New Zealand Governor General Sir Anand Satyanand was the chief guest and spoke glowingly of Mr Kohli’s stewardship of the High Commission during his three-year tenure. From just about 2,000 in 1951, the number of Indians had grown almost to 200,000, Mr Satyanand said, commending the Indian diaspora for their hard work and rich contribution to “academia, the professions, business and work in public life that has benefited others.”Over the fifty years that the High Commission has been in existence in New Zealand, the India-New Zealand relationship had grown considerably and the leadership of successive High Commissioners was instrumental in fostering close bonds, he said.

Communication, Country representation and Commercial and political leadership. Mr Morton is a former NZ High Commissioner to India. He said he was impressed by the trust the community had reposed in Mr Kohli and the “support you so quickly earned.” He praised Mr Kohli’s personal qualities like humility, honesty and his “straight shooting,” which earned him great respect. He recalled Mr Kohli’s deft handling of the Indian student crisis. bAndrew Needs, MFAT’s Divisional Manager for South/South East Asia praised Mr Kohli’s clarity and strength with which he dealt with the demands of his office.

He commended the contribution of both Mr Kohli and his wife saying they made a “great team.”

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Mr Needs also credited Mr Kohli with “finding a new permanent home for the Indian High Commission in Wellington,” through the new building that is under way and congratulated him on the establishment of the consulate in Auckland, a long-standing demand of the Indian diaspora in Auckland.

Mr Kohli responded in his characteristic informal extempore style, peppering his brief speech with an anecdote here and a joke there. He said that he was impressed by the NZ foreign ministry’s people and their style of work and said there was much to learn from it. The second issue of INZBC’s quarterly India-NZ trade magazine Kia Ora India was also

launched at the occasion. Earlier, Whitireia and Weltec Chief Executive Chris Gosling addressed the gathering and INZBC Chair Sameer Handa gave the welcome address. Honorary Consul of India for Auckland and Northland Bhav Dhillon delivered the vote of thanks, once again commending the outgoing High Commissioner for his memorable stint in New Zealand.

Moira Hagenson, Weltec and Whitireia’s General Manager International was the Master of Ceremonies.

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INDIA UNPLUGGED - KIWIS SHARE INDIA BUSINESS EXPERIENCE 23 May 2019

The Kiwi companies must see India as a country to do things with rather than a country to sell to, said Jane Cunliffe, former Trade Commissioner to India, addressing INZBC members and other invited guests at the council’s India Unplugged series event in Auckland.

Ms Cunliffe who has returned to New Zealand after her stint in India has had a ringside view of the fastgrowing Indian economy over recent years. She is impressed by the progress the country has been making over the past few years. The INZBC featured the former New Zealand Trade & Enterprise (NZTE) trade commissioner to India along with Fonterra’s Global Stakeholders Director Simon Tucker the May 23 event.

She encouraged companies trying to make a foray into India to consider examples set by other kiwi companies like Glidepath which had been “smart about setting up in India”. With such an approach they have successfully leveraged their expertise along with India’s human capacity and scalability to sell globally, she said.

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India has some 53 cities with populations of more than a million people, which opens doors to multiple opportunities in manufacturing, agribusiness and food processing sectors, she said. New Zealand apple industry’s collaboration with the northern Indian state of Himachal Pradesh to help them improve techniques of growing apples was a case in point.

Developing deeper all-round relationships were central to establishing long term business relationships, Ms Cunliffe said, stressing on the importance of developing relationships with Indian business partners going beyond just the businessto-business relationship.

E-commerce technology and platforms for buying goods and the sector were becoming mainstream

rapidly and Kiwi companies entering India needed to plan carefully for the long term, she said.

In this event that was hosted months before Fonterra formally announced its launch of a line of products in India with an Indian partner, Mr Tucker said the was poised to reenter the Indian market shortly with its collaboration with the retail giant Future Retail Group.

He detailed the stark differences between the dairy environment in India and New Zealand and explained briefly what Fonterra was planning to offer the Indian consumer.

He said Fonterra’s previous foray into the Indian market might have been a little premature but with a growing highly aspirational and

mobile middle class, the consumer scenario is different now and tastes have widened and there is a growing demand for

niche products. He said he was hopeful that bilateral agreements and the impending

Regional Closer Economic Partnership (RCEP) trade agreement would play a role in building the New Zealand-India dairy relationship. Indian dairy consumption is tipped to grow seven times that of China over the next few years and is currently the biggest and the fastest growing dairy market he said.

India New Zealand Council member and dairy industry doyen Earl Rattray was the Master of Ceremonies and conducted a brief panel discussion with the two speakers and Quality NZ CEO and Director Geoff Allott, who has also been working with Indian markets for several years.

A lively question and answer session followed the speeches and panel discussion, the event concluding with networking over light snacks.

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MAHARASHTRA POLLUTION CONTROL BOARD DELEGATES VISIT NZ July 2019

A delegation of the Maharashtra State Pollution Control Board visited New Zealand and Australia on a study tour. INZBC helped coordinate the New Zealand leg of the event. The delegates visited a dairy farm in the Waikato, where they studied how NZ dairy farms deal with effluents. They also visited Watercare in Auckland and were hosted there by Watercare CEO Raveen Jaduram. INZBC hosted a dinner for the delegates at the Stamford Plaza which Members of Parliament Kanwaljit Bakshi and Priyanca Radhakrishnan attended. Honorary Consul of India Bhav Dhillon was also present and all dignitaries spoke on the occasion.

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Leader of the delegation Sudhirkumar Jainarayan Shrivastava, Chairman of the MPC Board thanked INZBC in his address. Others in the delegation were Elumalai Ravendiran, Member Secretary, MPCB; Girijashankar Raghunath Popalghat, Private Secretary, Minister of Environment; Vidyanand Motghare, Joint Director (APC); Yeshwant Babarao Sontakke, Joint Director (WPC); Suryakant Kisan Nikam, Deputy Secretary, Environment Dept; Sanjay Kaware, Officer on Special Duty to Environment Minister; Hemanth Chaudhari, Circular Economy Alliance Australia; Bhagyashree Devi , Project Head , Theistic Business Consultants

INZBC HOSTS VISITING INDIAN PHARMA INDUSTRY REPRESENTATIVES July 2019

INZBC Treasurer Earl Rattray officially welcomed the delegation followed by an address by Honorary Consul of India in Auckland, Bhav Dhillon.

Pharmexcil Director General Ravi Uday Bhaskar said the delegation’s visit to New Zealand and Australia was well-received and was supported by the respective Indian High Commissions in the two countries.

India’s pharmaceutical industry has grown by leaps and bounds in the past couple of decades.

Briefly tracing the history of India’s pharmaceutical

industry, Mr Uday Bhaskar said in the 1960s, India imported some 65 per cent of pharmaceutical drugs it needed. Today it is not only self-sufficient but is fast emerging as the pharmacy to the world, supplying medications for such ailments as HIV, malaria and tuberculosis.

“India is not just providing these life-saving drugs to the world. But it’s doing so at extremely affordable prices,” Mr Uday Bhaskar said. In an environment where government spending on healthcare is decreasing in many parts of the world, Indian pharma has an increasingly important role to play,

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Ravi Uday Bhaskar, Director General, Pharmexcil

Chandra Selvadurai, MD, Pharmaco NZ

Ray Meade, CEO, Mondiale

Steffan Crausaz, Chief Operating Officer, Tamaki Health

Zubin Davar, Director, Jeena Australia

Adriaan de Lange, Head of Marketing, Douglas Pharmaceuticals

he added. “Pharmexcil is charged with taking Indian medicines to the world.” Pharma exports from India are worth about US$19 billion in a global market that is worth some $1.2 trillion. Eight Indian companies figure in the list of the world’s top 20 pharma companies today. Nearly 40 per cent of generic medications in the United States are imported from India. The Indian pharma industry is the main supplier for credible, affordable and efficacious drugs to dozens of nations in the African continent.

Earlier, Honorary Consul Mr Bhav Dhillon said though New Zealand’s population is just 4.5 million compared to India’s 1.3 billion, New Zealand’s economy was one-tenth the size that of India, which is significant. And though the New Zealand market might seem small, it is worth noting that 12 | INZBC Events 2019

per capita spending on medication is considerable among Kiwis.

Mr. Dhillon urged New Zealand pharma companies to take up the new initiatives of the new government to partner with Indian companies and become part of the hub for pharma companies that India is emerging as. New Zealand government agency Pharmac, which decides which medicines and related products are subsidised for use in the community and public hospitals, imports about $1billion worth of drugs from the international market every year. Imports from India have been rising. Substantial volumes of paracetamol dispensed in New Zealand are sourced from India.

INZBC SUMMIT SHOWCASES GROWING OPPORTUNITIES FOR KIWIS IN INDIA 14 Oct 2019 | Pullman Hotel, Auckland

Kiwi entrepreneurs, a growing number of them women, are tasting success in the rapidly growing economy of the new India. A report on INZBC’s Annual Summit 2019 by Kia Ora Editor Dev Nadkarni.

Judith Swales speaking about Fonterra’s JV with Future Group in India

Hon Willie Jackson; Minister of Employment, Associate minister for ACC & Maori Development

Sameer Handa

‘Collaborate to Grow Trade.’ That was the theme of the India New Zealand Business Council’s annual India Unplugged Summit this year. Though trade between New Zealand and India is poised for growth over the coming years, it is widely acknowledged that trade volumes between the two countries in recent decades has been far below potential.

Spread over four sessions comprising engaging presentations, stimulating panel discussions and interactive Q&A sessions, participants were drawn from a wide range of entities and business sectors including government, business and export promotion agencies both from India and New Zealand, exporters and Kiwi entrepreneurs who shared their own inspiring success stories from New Zealand companies need to be more India. proactive in embracing the Indian market and learn from the increasing numbers of Kiwi companies “I was struck by the range of sectors represented at tasting success in India. That, indeed, was the the Summit – from data analytics to dairy; logistics central message that emerged from INZBC’s sixth to space! I would like New Zealand businesses to be annual one-day event on 14 October in Auckland. associated with this innovation and diversity in the INZBC Events 2019 | 13

Indian mind,” Jeremy Hall, Auckland-based Export Services Manager of the New Zealand Ministry of Foreign Affairs & Trade told Kia Ora India after the Summit.

Inaugurating the event Minister of Employment and Associate Minister for Māori Development Willie Jackson said describing India’s potential as vast is an understatement. “It is the fastest growing economy in the world with excellence in farming, high precision manufacturing and IT, opening up

more avenues for collaboration. NZ is willing to provide assistance for India’s economic goals particularly in agriculture sector,” he said.

India’s High Commissioner to New Zealand, Muktesh Pardeshi, who took office earlier this year, said while relations between the two countries are friendly and cordial, they are not extensive and deep. There was a need to work together to identify greater linkages including in the cultural and sporting fields in order to broad base and deepen the relationship, he added.

India based author Bharat Joshi, who addressed a session at the Summit agrees: “Many unforeseen benefits accrue from deep and regular people to people exchanges. A direct flight between our countries would surely help expedite both, planned and organic programmes,” he told Kia Ora India. Mr Joshi has also written for Kia Ora India previously.

His latest book Navigating India was on display and sale at the Summit.

Nelson-based space scientist Dr Duncan Steel, who was speaker at the Summit told Kia Ora India, “India and New Zealand should perhaps lay aside thoughts of the areas/topics of collaboration, and instead look at having our people mix together.

That way, real opportunities for mutual benefit will arise.

“An immediate way this could be done is by having more highly-competent people coming to NZ (and also going from NZ to India) in order to spend some time working with appropriate science and technology research groups, for example in universities and other research institutions.”

National Party leader Simon Bridges related his experience of travels to India – how similarities exist between both the countries, but at the same time, there were significant differences comparing the countries to the kiwi and the elephant.

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H.E. Muktesh Pardeshi; India’s High Commissioner to New Zealand

He said there was need for more governmental interaction such as more visits from NZ ministers to India. He highlighted the need for relationships in the film industry – this can have a powerful relationship between both the countries, he said.

He also spoke of the need to expedite the visa granting processes and how delays were costing New Zealand millions of dollars, especially in the tourism and education sectors.

Strengthening trade ties Responding to questions from Kia Ora India for this story, Mr Joshi said one of the things that New Zealand needed to do is “Dedicate a budget for India – with the discipline that this must not go unspent. This amount might be used on exploratory visits and market studies, or vendor/ partner development, as the case might be, but it’s essential to consciously plan and commit to the India mission.”

Grahame Morton, Principal policy advisor, Americas and Asia, at the NZ Ministry of Foreign Affairs and Trade said trade had grown 40 per cent since 2014, but there that had been a change in the sense that there has been a significant drop in commodity trade but increase

Hon Simon Bridges speaking about his recent trip to India

Liz Mellish; Deputy Chair, Federation of Maori Authorities

in goods and services. Mr Morton, who has worked in India in the past, added that Prime Minister Ardern had met Prime Minister Modi last month, when she conveyed to him that her government is looking at stronger and deeper ties between both the country, making NZ and India good partners in the Indo-Pacific.

“The key takeaway for me was that New Zealand needs to do more to build an understanding of our value proposition in India,” Mr Hall said.

Honorary Indian Consul Bhav Dhillon described India as a land of opportunities, the fastest growing economy with a burgeoning middle class which presents an opportunity like no other. To take trade relationships further, he highlighted the need for direct connectivity between the two nations.

He outlined examples of success stories through the Make in India programme such as Glidepath and Rakon. He said pharmaceuticals and the services sector showed great promise. He emphasised on the role that 225,000 Indians who live in New Zealand can play in becoming a bridge to doing business in India.

INZBC Chairman Sameer Handa said the council had recently set up two new chapters in India with Bharat Joshi and CricHQ CEO Sridhar Venkatraman heading the Delhi and Mumbai Chapters respectively. Another initiative the council took this

year was a quarterly magazine titled Kia Ora India, Mr Handa added.

Kiwi women entrepreneurs to the fore It was interesting to see the increasing number of women Kiwi entrepreneurs that were leading the charge in the challenging Indian marketplace.

Fonterra’s Judith Swales outlined Fonterra’s recent experience in launching the Fonterra Future Joint Venture in India and the new Dreamery brand.

“I was particularly inspired by the stories of the two female entrepreneurs from Valocity Global and Redesign Group. Both have sought to understand India, invested a lot of time and energy in building relationships and products tailored to the Indian market, and both have been met with success for their efforts,” Mr Hall said.

Asia New Zealand Foundation’s Suzannah Jessep, who has penned a piece elsewhere in this issue of Kia Ora India, said India gets its share of negative press, but these should not define the country.

However, perceptions are now changing due to access to a multiple number of new sources of information, she said.

Successful IT entrepreneur Carmen Vicelich, said in going to dynamic markets like India, there was often the need for presence on the ground such as having a local country manager and having more

INZBC Events 2019 | 15

Sharni Knox

Jo Pennycuick

face-to-face meetings and interactions.

This year’s Summit started new conversations on topics such as the role of Maori economy in international trade (with the presence of noted Maori businesswoman Liz Mellish) and the role of high value sectors in New Zealand exports to India. Such conversations have broadened the context of the India-New Zealand trade relationship canvas.

Scott Tasker

Carmen Vicelich

“Liz Mellish’s discussion of the Māori economy indicated that there’s still a lot of untapped potential,” Mr Hall said. “It’s clear that the Indian migrants to New Zealand play an active and important role in driving trade and investment with India, but for trade to increase, new participants need to come on board.”

Collaborating on knowledge and science The session on high value sectors, curated by international trade enthusiast Sunil Kaushal, discussed potential areas of collaboration in the field of space technology, aviation and IT services. The interactive sessions saw enthusiastic participation from the audience at the day-long Summit.

Dr. Duncan Steel

Girish P Ramachandran

Dr Steel would like to see PhD students coming from India to New Zealand universities to study for their advanced degrees; or post-doctoral fellows being appointed to/from India and NZ. “Then we work together, we develop a mutual understanding, we build career-long relationships, we uncover specific topics in which working together will bring benefits to the people of both nations,” he said.

“As I showed in my presentation, India (through ISRO in particular) has a huge space presence and capability. India has many satellites 16 | INZBC Events 2019

Earl Rattray

scanning the nation from low-Earth orbit, whereas NZ has none.

“Those Indian satellites could be tasked to collect imagery and other useful data over NZ every day.

Scientists from India and NZ could then work together to exploit the data, to mutual benefit ...

NZ could serve as a useful laboratory for Indian scientists wanting to study such phenomena, with NZ scientists in various institutions here providing ground truth which would enable to satellite data to be interpreted correctly.

Participants at the Summit were appreciative of the format and contact of this year’s Summit. “This annual event has come to be known as the definitive India-focused business conference in New Zealand. This was reflected in both, the quality of speakers and audience,” author Bharat Joshi said.

“The key takeaway for me was that New Zealand needs to do more to build an understanding of our value proposition in India,” Mr Hall said.

INZBC Events 2019 | 17

INDIAN HIGH COMMISSIONER STRESSES ON ONE-TO-ONE ENGAGEMENT TO PROGRESS BUSINESS ACROSS BORDERS 18 Dec 2019 | EY Building, Auckland

The Indian High Commissioner, Muktesh Pardeshi, addressed the members of the India New Zealand Business Council and the business community in Auckland on 18 December 2019 at EY. The High Commissioner spoke on the long standing cultural and people-to-people connections between India and New Zealand and stressed that more needs to be done for business interactions.

H.E. Muktesh Pardeshi recounted the progress both countries have made specially in the last 3 months with high level interactions both at G2G, B2B, C2C level. He said that in this year itself there has been many exchanges on the political front, as

18 | INZBC Events 2019

well as between the Navy and business community.

This is a very good indicator of our growing ties.

Later on, he was joined by Heath Mills from NZCPA, who shared his insights into the opportunities within the sporting sector. He encouraged NZ businesses to leverage off the brand that Blackcaps have created specifically in India.

INZBC Chair Sameer Handa welcomed the guests while EC member Jay Changlani thanked all the members, partners and stakeholders for their contribution in 2019 to lift the India New Zealand relationship.

Sameer Handa gave an overview of the activities of the Council and also acknowledged the delegation of kiwi businesses that are going to the Indian F&B sector trade show – Indus Food.

“INZBC has been at the forefront of increasing B2B engagement between both the countries and the fact that this is the 3rd time such a delegation is going to India, is proof of it”, said Sameer. The Indian High Commissioner also congratulated INZBC for it’s ongoing endeavors and efforts in this regard.

INZBC’s head of Strategic Partnerships, Sunil Kaushal said that with NZ India trade crossing

$3Billion mark, it is a good time for all stakeholders to take a stock of how we can work as NZ India Inc to further this blossoming relationship from all facets of trade, cultural, people to people and government to government levels. “The Indian High Commissioner’s update shows the level of intensity that both governments are placing on taking the relationship to the next level in the coming decade and India New Zealand Business Council endorses those efforts and will positively contribute to the development of those initiatives for our members and NZ India Inc”, said Sunil.

INZBC Events 2019 | 19

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EVENT REPORT

2019

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Growing India - New- Zealand Business Relations Growing India New Zealand Since 1988 Relations Since 1988 Business

www.inzbc.org