“Australia-India Business Champions Group’s role has become extremely important as it provides a platform for greater engagement between the policymakers of India and Australia at an opportune time when India is completing 75 years of Independence, said Union Commerce Minister Piyush Goyal on Monday.

Both the nations stand united for sustainable recovery from the COVID-19 crisis and it is imperative to sustain the momentum for rebuilding as well as reconstructing the economy by focussing on enhancing the export potential. 

As the  government has embarked on the journey of transforming India into a global hub of supply chains and re-invigorating the economy we would like to partner with Australia, one of our key trading partners for seamless integration into the Global Value Chains (GVCs).

He said that our focus would be to chart a course for ensuring effective usage of the huge entrepreneurial talent, developing a domestic market with a thriving private sector as well as skilled labour.

The key goal must be to strengthen international supply chains, and fully capitalize on the currently favourable geopolitical phenomenon.”,mentioned Goyal while addressing the Inaugural Meeting of the Australia India Business Champions today. 

The Minister who is co-chairing the Australia-India Business Champions Group stated that this forum will play a pivotal role in supporting the agenda of the Australia-India CEO Forum by highlighting the vibrant role being played by the business sector of both the countries.

He stated that while working as trusted partners, India and Australia must work towards enhancing the resilience of supply chains and greater engagement in the Indo- Pacific region.

Goyal commended that the bilateral relations have grown stronger post COVID-19 as both the governments worked towards keeping the supply chains functional and working style of services were re-engineered. 

The Minister mentioned that a plethora of reform measures such as the operationalisation of the National Single Window System are being undertaken for creating a conducive environment for the industry.

He mentioned that the Business Champions of this group will play a major role in enhancing, deepening, and leveraging on the strong India-Australia ties.