A team of Australian experts in innovation and technology will visit India this month to showcase the country's world class research and development capability in a bid to establish stronger bilateral links in the areas of R&D, technology transfer and commercialisation.
The delegation comprising over 30 members is a part of an initiative of Australian government and Australian Trade Commission to showcase the country's R&D, technology and industries to Indian companies in major cities like New Delhi, Mumbai, Hyderabad, Bangalore, Pune and Chennai.The Australian Innovation Showcase 2013, to be held from November 11 to December 4, will be comprised of workshops, seminars, roundtables and other opportunities, according to an official statement by Austrade.
The delegation's visit to India represents the largest concentration of Australian scientific and technical know-how and will present Indian companies with a chance to invest in Australia's R&D capabilities and to increase their competitiveness in the international markets.New Delhi-based Senior Trade and Investment Commissioner Nicola Watkinson said that Indian companies have made it their priority to invest heavily in R&D in order to improve their 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," Watkinson said, according Austrade official statement."The Australian Innovation Showcase will highlight our expertise in areas such as information technology, biotechnology, materials science for advanced manufacturing and energy efficiency," he said.
According to Glyn Davis, Vice-Chancellor Professor at the University of Melbourne, the Showcase will provide Australian Universities with a unique opportunity to meet some of India's largest companies.The Showcase which will be attended by senior academics and researchers from Australia's top universities and key research bodies will not only promote collaboration on specific industry solutions but will also strengthen the ties with Indian higher education and research institutions.
Watkinson said the interest from Indian companies with regard to the program of the events have been overwhelming, as they seek to improve their commercial success."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."