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Victorian Premier on trade mission

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Victoria's Premier Ted Baillieu is leading the state's largest ever trade mission to India this week. 220 companies will accompany the Premier with the intention of boosting Victoria's two way trade with the country. Premier Baillieu says that this trade mission will have the potential to create new jobs while simultaneously increasing export and import opportunities for the state. "India's rapid economic expansion - which saw its GDP grow by more than eight percent in 2010-11 - offers significant opportunities to grow Victoria's trade and investment partnerships with India," Baillieu said. The trade mission also intends to support the growing Indian community living in Victoria by forging closer sporting, cultural, film and educational ties. "Victoria - with its diverse economic strengths and strong multicultural base - is extremely well placed to take advantage of growth in global markets, particularly Asia," Baillieu said, adding, "Victoria is not waiting, but doing everything in its power to capitalise on new opportunities in high growth markets, particularly India and China. There is extraordinary growth occurring and Victoria is moving quickly. "This is part of the Coalition Government's economic strategy which has a major focus on trade engagement and expansion into new markets to create jobs and investment." Senior ministers including the Minister for Innovation, Services & Small Business and Tourism & Major Events, Louise Asher,  and the Minister for Manufacturing, Exports and Trade, Richard Dalla-Riva will be joining the mission, along with representatives of 10 major sectors of the Victorian economy, including automotive, aviation and aerospace, cleantech and education. The Super Trade Mission will engage with businesses in Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Ahmedabad and Pune from 21 to 26 February.

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