Latest / Best of Business / Dame Therese Walsh: India Business Delegation Lead on the opportunities in the ministerial delegation to India

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Dame Therese Walsh: India Business Delegation Lead on the opportunities in the ministerial delegation to India · Best of Business

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  Speaker 2: So the long awaited trip to India for the Prime
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  Speaker 2: Minister's off this weekend. Large delegation. To mind you, it's
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  Speaker 2: a large market and an FTA is long sort but
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  Speaker 2: particularly tricky for a farming country like ours. Anyway, Dameteres
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  Speaker 2: Walsh is leading the business delegation and is with us
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  Speaker 2: a very good morning to you. Cure about Mike, how
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  Speaker 2: big is big.
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  Speaker 3: In terms of the country or the delegation? No, the delegation,
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  Speaker 3: I think actually, yeah, look the delegation. I'm leading the
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  Speaker 3: business delegation along with Ross Taylor, the former black Cat.
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  Speaker 3: We've got about forty odd people coming on that delegation
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  Speaker 3: and then there's also a community delegation coming along as well.
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  Speaker 2: Are there specifics you are looking to achieve or is
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  Speaker 2: this a glad handing exercise to warm the relationship?
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  Speaker 3: Look, warming the relationship is important, but it's definitely it's
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  Speaker 3: definitely more than that. I think there's a range of things.
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  Speaker 3: I think we as a business community need to learn
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  Speaker 3: more about India. There ideals that are currently being done
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  Speaker 3: that will be talked about while we are there, and
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  Speaker 3: there'll be no doubt further arrangements that come off the
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  Speaker 3: back of it, but it's a good chance to get
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  Speaker 3: in front of chambers of commerce, heads of industry over
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  Speaker 3: there and actually learn, make ourselves visible, ensure that we
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  Speaker 3: really understand what the opportunities are for New Zealand, because,
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  Speaker 3: as you said, at the outset a massive economy for
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  Speaker 3: us and relatively proximate.
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  Speaker 2: How much business do you know is done there anyway
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  Speaker 2: in an FTA or whatever just comes in over the
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  Speaker 2: top of that.
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  Speaker 3: Well, at the moment, I think in terms of New
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  Speaker 3: Zealand's experts it's about one point five percent of our
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  Speaker 3: exports today, which is actually very small when you think
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  Speaker 3: about the size of the economy in India and for
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  Speaker 3: anyone that doesn't know, I mean, within five years it's
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  Speaker 3: probably going to be the third largest economy in the world.
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  Speaker 3: So we've got a lot of growth opportunity here and
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  Speaker 3: in particular in the egg resection. But even outside of that, tourism, tech,
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  Speaker 3: education is just a lot there to unveil for New Zealand.
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  Speaker 2: I don't know if this is in your wheelhouse or not,
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  Speaker 2: but I've got a lot of text traffic this morning
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  Speaker 2: talking about the infrastructure or lack of in India. So
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  Speaker 2: in other words, yes, we want to do business and
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  Speaker 2: they probably want to do business with us, but when
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  Speaker 2: you come to ports and stuff like that, connectivity is
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  Speaker 2: still an issue. Is that fair or not?
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  Speaker 3: It's sort of. I mean, I think you know, for
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  Speaker 3: folks that have been to India recently, there are parts
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  Speaker 3: of India that are incredibly progressive. They've got a massive
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  Speaker 3: youth population that are very tech savvy, and some cities
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  Speaker 3: are actually incredibly progressive in different parts. When you talk
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  Speaker 3: about connectivity. It's actually one of the things, speaking as
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  Speaker 3: the charity in New Zealand that we're looking to get
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  Speaker 3: out of this tripper is to as we expand our
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  Speaker 3: network in the next couple of years, as we get
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  Speaker 3: hold of aircraft, is actually to look at flying to India.
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  Speaker 3: It's been something we've been signaling and we will be
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  Speaker 3: meeting with folks over there and making that part of
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  Speaker 3: the discussion.
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  Speaker 2: I'm glad you raised that, because I was going to
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  Speaker 2: raise it anyway. It seems the weirdest thing that you
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  Speaker 2: can have that size market in roughly our region and
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  Speaker 2: we have no direct link yeah.
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  Speaker 3: Look, well I would agree with you, and I think
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  Speaker 3: you know, my favorite party trick is to ask people
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  Speaker 3: if in New Zealand was to fly to one more
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  Speaker 3: international destination, where would it be. And it's normally torn
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  Speaker 3: between in there and the UK, and so yeah, look,
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  Speaker 3: it's absolutely on the top of our radar. As you know, Mike,
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  Speaker 3: we're a little short on aircraft just at the moment
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  Speaker 3: with worldwide challenges, but that's going to change and we're
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  Speaker 3: really looking.
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  Speaker 1: Forward to that.
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  Speaker 2: Nice to talk to you appreciate it. Name Tories Walsh,
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  Speaker 2: the India Business Delegation lead.
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