Innovation Showcase promotes R&D collaboration with India
05 Nov 2013
Indian companies will get the chance to invest in Australia’s R&D capability this month during the Australian Innovation Showcase beginning on 11 November in New Delhi.
The Showcase is the largest concentration of Australian scientific and technical know-how ever to visit India, and will tour major tech cities including Mumbai, Bangalore, Hyderabad, Pune and Chennai.
New Delhi-based Senior Trade and Investment Commissioner Nicola Watkinson said R&D was becoming a major priority as India sought to improve its competitiveness and productivity.
“India’s large multinationals including the Tata Group, Reliance, Aditya Birla, Mahindra, Infosys and Wipro are all allocating significant budgets to R&D,” Ms Watkinson said.
“The Australian Innovation Showcase will highlight our expertise in areas such as information technology, biotechnology, materials science for advanced manufacturing and energy efficiency.”
More than 30 senior academics and researchers will attend from Australia’s universities, including University of Melbourne, University of New South Wales, University of Sydney, Deakin University, University of Wollongong, Flinders University and key research bodies such as National ICT Australia (NICTA), CSIRO, the Cancer Therapeutic Cooperative Research Centre, and Neurosciences Victoria.
University of Melbourne Vice-Chancellor Professor Glyn Davis said the Showcase would provide Australian universities with a unique opportunity to meet with some of India's biggest companies.
"Australian universities are competitive with American and British universities in the research they do, so we are grateful for the chance to share some of that great work with leaders and representatives from business in India," Professor Davis said.
As well as promoting collaboration on industry specific technology solutions, the Showcase will foster links with Indian higher education and research institutions.
“The interest in this program of events from India’s major commercial entities and research agencies has been overwhelming,” Ms Watkinson said.
“India’s major conglomerates are searching globally for new solutions to increase their competitive edge. This is the right environment for attracting new investment into Australian technology and R&D.”
More information on the Australian delegates and events scheduled across the month-long program can be found at: www.austrade.gov.au/Export/Export-Markets/Countries/India/Events/Australian-Innovation
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For further news and information from the Australian Trade and Investment Commission (Austrade) visit www.austrade.gov.au/mediacentre.
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