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Article: India--mystical no longer: Bob McMullan draws attention to what Australia should do.(FOCUS ON INDIA)
- Article from:
- Business Asia
- Article date:
- March 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 First Charlton Communications Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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India remains the great untapped trade opportunity for Australia. I was involved in a Senate inquiry into Australian relations with India 15 years ago. We concluded then that Australia's relationship with India suffered from "benign neglect" or perhaps even "shameful neglect". This was at a time that the opening of the Indian economy was just beginning although the signs were already clear.
But we missed them then and we continue to fail to take full advantage of the giant trade opportunities that India offers. And there should be no doubt that there are big opportunities or that we are failing to win a fair share of the opportunities that exist. This is not just ...