This brief article is a part of INZBC Series of Talking Heads. A series of interviews with some leaders in the field of industry, trade and policy.
Mr. Sandeep Sood,
Chargé d’Affaires a.i.
High Commission of India,
INZBC has asked me to contribute an article to their newsletter. This is not an easy task as it may seem to be. INZBC has a long history of organizing business events and arranging B2B interactions for promoting India-New Zealand trade relations. Therefore I will change the tenor of this write-up slightly, and try to infuse a different perspective.
While the Government of India has launched several initiatives for promoting investment in India, a little known fact is that the Ministry of External Affairs has a Division named Investment and Technology Promotion Division (ITP). The ITP Division, as its name suggests, has a mandate for promoting trade and technology in collaboration with the Indian Missions abroad. This Division has set up a website named India in Business, which is dedicated to providing trade-related information, and is accessible at www.indiainbusiness.nic.in. A link is also available to send queries directly to Indian exporters on this website. I urge you to explore the website and convey your suggestions for its improvement.
I am sure that you are aware that the Government of India has recently announced the new EXIM Policy for the years 2015-2020. The details are available at the weblink: http://dgft.gov.in/exim/2000/policy/ftp-plcontent-1011.htm. Some of the major initiatives include simplification of certain schemes, incentives for ‘Make in India’, trade facilitation, and paperless trade etc.
I also invite you to take a look at the website of the India Trade Promotion Organization (ITPO) at www.indiatradefair.com, where extensive information about the exhibitions and trade fairs being held in India is available. Sector-specific trade fairs are a regular feature, and New Zealand companies and businesses can plan their travel as per their field of interest.
The High Commission has been actively involved in getting business delegations to visit New Zealand and a large delegation from Confederation of Industries (CII) and other Indian companies had a very meaningful visit earlier this year. A delegation from the Plastics Export Promotion Council also visited in February 2015. More recently a GTECH delegation from Kerala had an interaction in Auckland, where INZBC was also involved.
We at the High Commission see our role as facilitators and we are committed to providing all the assistance that we can with our available resources. We have recently reviewed our visa process system and I am glad to state that any visa application received from trade bodies and chambers of commerce will be fast-tracked.
You are welcome to send an email to us at the following addresses: