City
Epaper

Western Australia growing Local Innovation Ecosystem on Global Stage with India

By ANI | Updated: March 23, 2023 17:00 IST

Chennai (Tamil Nadu) [India], March 23 (/BusinessWire India): Opportunities for collaboration across Western Australian (WA) and Indian innovation ecosystems ...

Open in App

Chennai (Tamil Nadu) [India], March 23 (/BusinessWire India): Opportunities for collaboration across Western Australian (WA) and Indian innovation ecosystems will be front and centre today, as Innovation and the Digital Economy Minister Stephen Dawson will give a keynote speech at Umagine Chennai 2023.

Minister Dawson will highlight how the McGowan Government is supporting Western Australians to embrace partnerships with international innovators like those in India.

Over three days, more than 10,000 delegates are expected to attend Umagine Chennai 2023. The event includes over 250 speakers across 130 plus sessions, and an exhibition featuring more than 150 exhibitors.

A business delegation with representatives from 13 Western Australia (WA) orgsations is participating in the mission led by Minister Dawson. Selected through an expression of interest process, the orgsations have a focus on the innovation, space, and health and medical life sciences sectors.

The orgsations participating in the business delegation include the Western Australia (WA) Data Science and Innovation Hub, CyberWest, DNA Zoo Australia, Innovation Central Perth, WeVolt, Red Piranha, Space Angel, LatConnect 60, QL Space, Hola Health, Has Holdings, Adarsh Australia and TATA Consultancy Services.

Several collaborative relationships are expected to be formalised during the five-day mission, including the exchange of a letter of strategic intent between Western Australia (WA) and Tamil Nadu, which was signed virtually on 20 March 2023 to strengthen the bilateral relationship between the two States.

The letter of strategic intent follows the opening of the Invest and Trade WA office in Chennai, the capital of Tamil Nadu, which was first announced by Deputy Premier Roger Cook in July 2022.

During the visit, Minister Dawson will showcase the Chennai office. Western Australia (WA) is the first Australian State to establish a presence in Tamil Nadu, the second largest economy in India.

The Minister will also promote activities and initiatives supported by the McGowan Government, including Perth Landing Pad, The Challenge, Health Fellowships, the Premier's Scholarship and the CyberWest Summit.

The mission will be supported by the Invest and Trade WA India-Gulf offices, led by the Investment and Trade Commissioner, Nashid Chowdhury.

Visit Invest and Trade WA's India Market Outlook 2022-23 for more information on trade and investment opportunities: https://www.wa.gov.au/system/files/2023-03/India_Market_Outlook_2022-23.pdf

Comments attributed to Innovation and ICT Minister Stephen Dawson:

"India is a large and growing market that offers a broad range of opportunities for Western Australian businesses, particularly in sectors like innovation, and health and medical life sciences.

India is home to the world's third largest startup ecosystem with more than 100 'soonicorns' and 'unicorns' - privately owned startups with a value of more than $1 billion.

We know that Western Australia has a lot to offer. Over the next few days, I look forward to strengthening ties and promoting opportunities for collaboration through initiatives such as Perth Landing Pad, our innovation hubs and The Challenge.

Building on the momentum of the Deputy Premier's Mission to India last year, the Western Australia (WA) Government is committed to growing the strong relationship, which is underpinned by common values, strong people-to-people connections, and substantial trade and investment links."

This story is provided by BusinessWire India. will not be responsible in any way for the content of this article. (/BusinessWire India)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Imperial College LondonInnovation central perthchennaiPerthRoger cookMadras missionChennai chennaiStephen dawson
Open in App

Related Stories

NationalChennai: Over Unpaid Wages, Car Showroom Worker Steals Car From Showroom

NationalChennai: Car Showroom Employee Steals Vehicle After Months of Unpaid Salary

EntertainmentAjith Kumar Injured in Fan Frenzy After Padma Bhushan Award Ceremony, Actor Hospitalized In Chennai

National‘Question Kunal Kamra In Chennai’: Bombay HC To Police; Grants Protection From Arrest

NationalGold Price on April 22: Rate for 10 Grams of Yellow Metal Hits All-Time High Ahead of Akshaya Tritiya

Business Realted Stories

BusinessReports on FM Sitharaman asking ADB to cut funding for Pakistan ‘untrue’: Centre

BusinessIndia, Italy explore ways to strengthen economic ties at ADB meet

BusinessIndia’s 1st mortgage-backed pass-through certificates listed on NSE

BusinessED attaches WTC group’s properties worth Rs 2,348 crore

BusinessSEBI mandates cooling-off period for directors moving between competing market institutions