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Article: AUSTRALIAN MINING EXPERTISE IN DEMAND IN MINERAL HUNGRY INDIA.
- Article from:
- AsiaPulse News
- Article date:
- November 7, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse 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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SYDNEY, Nov 7 Asia Pulse - India's hunger for resources and mining expertise could help Australian firms cushion the blow from the global financial crisis, the Australian Trade Commission says.
Austrade chief economist Tim Harcourt said Australia's growing exports to emerging markets such as India would alleviate the credit crunch effect in Australia.
"According to the recent DHL survey of Australian export businesses, our exporters regarded India as the No.2 destination for commodities after China, even in the early days of the global credit crunch," Mr Harcourt said.
"The low exchange rate together with Australian capability will enhance our ...