India and Australia have great historical and cultural linkages but that is yet to translate into bilateral trade and investment.

It is an anecdote that Matt Staff, a former senior executive at mining behemoth Rio Tinto’s operations at Pilbara region of Western Australia and now a part time tour guide in Perth is only too happy to narrate to his occasional Indian guests. Staff’s familiarity with the region and his inherent cheerful disposition would mean he would often be called upon to double up as a guide to high profile visitors while at Rio Tinto. This one time back in 2004, he was told months in advance of a particular guest he would need to take around the company’s operations around Perth. There was only one instruction — to be courteous to a fault and to do all it takes to make the guest comfortable.

The world’s 13th largest economy is the ideal investment destination for Indian organisations seeking international expansion to secure access to natural resources – minerals and energy – and create assets, technologies and brands, claims the country’s trade and investment commission.

An economy with 26 years of consecutive growth integrated with Asia, Europe and North America; globally competitive industries; a smart, skilled workforce makes Australia an compelling investment destination.

The coastal city of Melbourne is Australia’s second-largest and the capital of the state of Victoria. It has a varied demography with almost of a quarter of its population born overseas and Indians forming a large chunk of that multi-cultural group and Islam, Hinduism and Sikhism among its top five religions.

Tech solutions, real estate and food production – India’s interest in Australia encompasses a wide array of sectors.

ANAROCK buys Indian arm of Aussie firm

ANAROCK Property Consultants Pvt Ltd, the real estate venture floated by former JLL India chief Anuj Puri, has acquired the local operations of Australian realty broking firm LJ Hooker under the Redwoods brand.

ANAROCK chairman Puri said in a statement: “The acquisition of LJ Hooker’s Redwoods is in line with our overall business strategy and will help us augment our operations across key southern markets.”

Bangalore-based Redwoods Projects Pvt Ltd will provide ANAROCK a competitive advantage in offering customised real estate solutions.

The company has 750 employees and aims to ramp up the headcount to 1,000 by the end of 2017. It operates in all key property markets across India, including Mumbai, Chennai, Bangalore, Gurgaon, Noida, Hyderabad, Kolkata and Pune and also has a presence in Dubai.

It provides broking and advisory services to clients, investment services, debt, equity and mezzanine funding, and research and consulting for residential real estate through a hybrid online-offline model.

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