By TIOL News Service

MELBOURNE, JAN 20, 2013: AS a part of latest trade mission of Victorian Government initiative, Trade Engagement Program-India (TEPI), specially designed to strengthen trade relations with the sub-continent, more than 100 Australian organisations are coming to India in March.

Under the initiative, Victorian businesses exhibit their expertise in key industry sectors including automotive, aviation and aerospace, cleantech, education, film, financial services, food and beverage, ICT, life-sciences, sustainable urban design and tourism with aim to strengthen industry and government relationships, introduce Victorian companies to India, develop collaboration and partnership projects between Victoria and India, increase Victorian exports into India and increase the flows of investment from India to Victoria.

The latest trade delegation would be visiting from March 11-15. India is currently Australia's fastest growing export market, having grown at an average annual rate of 25 per cent since 2005.

In February 2012, the Victorian Government had led a Super Trade Mission that was said to generate anticipated additional sales of over USD 355 million over the next two years, it said.

This year's delegations will include sectors of importance to Victoria and India including automotive, aviation and aerospace, biotech, cleantech, education, food and beverage, ICT, infrastructure and tourism. Trade mission participants will be introduced to potential qualified customers, business partners and investors, and also have the opportunity to showcase their organisational capabilities.