Latest / Early Edition with Ryan Bridge / Bharat Chawla: India New Zealand Business Council Chair on the Prime Minister's delegation to India

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Bharat Chawla: India New Zealand Business Council Chair on the Prime Minister's delegation to India · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: The Prime Minister's just announced he's off to India. He's
• 0:02
  Speaker 1: going on Saturday and he's going to meet Prime Minister
• 0:05
  Speaker 1: no Endra Modi. He's taking the largest delegation our Prime
• 0:09
  Speaker 1: minister has ever traveled with. This is the first visit
• 0:12
  Speaker 1: since John Key went there in twenty sixteen. I think
• 0:14
  Speaker 1: this is the third visit that we've had a crack
• 0:16
  Speaker 1: at this. So Barrat Tala is the chair of the
• 0:20
  Speaker 1: India New Zealand Business Council. He joins me, Now, hell
• 0:22
  Speaker 1: about it?
• 0:24
  Speaker 2: Hey, Hell, are you very good?
• 0:25
  Speaker 1: Why is this trip so significant?
• 0:28
  Speaker 2: I think if you want something done with India, this
• 0:31
  Speaker 2: would be a strong foundation taking ahead any discussion, any
• 0:35
  Speaker 2: negotiation with India.
• 0:37
  Speaker 1: Okay, So look, only one point five percent of New
• 0:39
  Speaker 1: Zealand exports go to India. India's on track to be
• 0:42
  Speaker 1: the third largest economy in the world by twenty thirteen.
• 0:45
  Speaker 1: Why have we been neglecting this market for so long?
• 0:48
  Speaker 2: I think this question has to be asked from a
• 0:51
  Speaker 2: lot of ministry and political diplomats. It has not neglected,
• 0:56
  Speaker 2: it's just the timing was not there. I feel that
• 0:59
  Speaker 2: the government with a lot less after twenty sixteen, and
• 1:03
  Speaker 2: that has made us into a kind of a back seat.
• 1:07
  Speaker 2: But last twelve months with the current government and the
• 1:10
  Speaker 2: minister is going left right center, which is kind of
• 1:13
  Speaker 2: bringing the things on track. So we can say that
• 1:17
  Speaker 2: we are late, but we are not too late. Okay.
• 1:20
  Speaker 1: So what do we have to do in this trip
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  Speaker 1: to make sure that our relationship is closer that we
• 1:25
  Speaker 1: can increase our terms of trade.
• 1:28
  Speaker 2: I think one thing which we can say or we
• 1:29
  Speaker 2: can kind of positive say that the meeting with Minister
• 1:33
  Speaker 2: Prime Minister Modey is kind of a big win, which
• 1:36
  Speaker 2: we were as a MCBC asking from last a few years.
• 1:39
  Speaker 2: Now getting to a with a bigger delegation show that
• 1:43
  Speaker 2: we are in a relationship mode. We are not only
• 1:47
  Speaker 2: in the transitional mode. So this trip kind of gives
• 1:52
  Speaker 2: a very good message to Indian government and the private
• 1:55
  Speaker 2: companies in India that museum is open for business and
• 1:58
  Speaker 2: we should be looked into.
• 2:00
  Speaker 1: What do you think India wants from us? I mean,
• 2:02
  Speaker 1: what do we make that they would want?
• 2:04
  Speaker 2: I think the biggest thing India is looking currently is
• 2:07
  Speaker 2: investment in India. At the same time bringing technology in
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  Speaker 2: India and kind of bringing what they see that helped
• 2:15
  Speaker 2: to grow India. So currently in every negotiation and every
• 2:18
  Speaker 2: deal which India is doing, they've been always putting that
• 2:22
  Speaker 2: how India can grow together with you and that will
• 2:25
  Speaker 2: help us to grow or grow the other side of
• 2:27
  Speaker 2: the business too. So what we can do is we
• 2:30
  Speaker 2: take the investments. We talk about the technology transfers. There's
• 2:35
  Speaker 2: a lot, a lot needs and can give to India.
• 2:39
  Speaker 1: Is a nuclear free stance a problem because India has
• 2:43
  Speaker 1: ambitions for their place in the world militarily, they're already
• 2:46
  Speaker 1: a nuclear power. Is our stance, our nuclear energy and power?
• 2:50
  Speaker 1: Is there a problem when we talk to the Prime
• 2:53
  Speaker 1: Minister of India.
• 2:54
  Speaker 2: I think I don't see that is kind of an
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  Speaker 2: issue with Newism only because see like every country had
• 3:01
  Speaker 2: their own chance and to be honest news and should
• 3:03
  Speaker 2: say be what we want to do. But in a
• 3:07
  Speaker 2: couple of things, India also don't want any anything which
• 3:11
  Speaker 2: is from a news in perspective that they want needs
• 3:13
  Speaker 2: them to support on everything. But again at the trade
• 3:16
  Speaker 2: is one area we talk about. I said, a nuclear
• 3:19
  Speaker 2: diplomacy is separate area to work in. There's always kind
• 3:23
  Speaker 2: of a common area to start it. And we are
• 3:26
  Speaker 2: not too in that discussion of a kind of nuclear diplomacy.
• 3:29
  Speaker 2: Yet I can say that.
• 3:31
  Speaker 1: Okay, so how confident are you of success?
• 3:34
  Speaker 2: Finally, I think I think from I we are. We
• 3:38
  Speaker 2: are a lot positive, a lot optimistic. Now a lot
• 3:43
  Speaker 2: have been done by a lot of companies from New
• 3:46
  Speaker 2: Zealand to India or in India in the last twenty
• 3:49
  Speaker 2: four months to make this happen. So this is a
• 3:51
  Speaker 2: perfect opportunity and a perfect I say that tailwind for
• 3:56
  Speaker 2: New Zealand to get something from India.
• 3:58
  Speaker 1: Absolutely about a child. I thank you so much for
• 4:00
  Speaker 1: your turn here as the chair of the India and
• 4:02
  Speaker 1: New Zealand Business Council. For more from Early Edition with
• 4:06
  Speaker 1: Ryan Bridge.
• 4:07
  Speaker 2: Listen live to News Talks it Be from five am weekdays,
• 4:10
  Speaker 2: or follow the podcast on iHeartRadio