#COVER FEATURE, #October 2017

Steadfast support from the public at large is likely to see Adani’s $16.1-billion mining project, India’s largest outbound FDI, through the hurdles.

There appears to be some sort of jinx revolving around projects carrying the twin labels of “largest FDI” and “India.” Remember Dabhol?

The power project by the now bankrupt US company Enron in Maharashtra was the largest inward foreign direct investment (FDI) project at the time. After several false starts, it is finally limping along as the Ratnagiri Power Company, in its latest, public sector avatar.

#2017, #October 2017, #COUNTRY FOCUS/Australia

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.

#October 2017, #COUNTRY FOCUS/Australia

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.

#2017, #October 2017, #COUNTRY FOCUS/Australia

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.

#July/August 2016, #2016, #Emerging Markets

Sachin Tendulkar, well known for his big hits on the cricket pitch, has struck a unique off-field investment in an Australian headquartered firm to provide an edge to Indian sports’ brand image. ‘India Global Business’ caught up with him during the launch in London recently to see what the Little Master has in store for cricket this time.

#March/April 2016, #Year, #2016, #Asia Pacific

India’s rising global profile, its increasing integration into the global economy and expanding geo-political interests are changing the profile of ANZ – from a distant outpost somewhere in the southern hemisphere with hard to beat cricketers and harder to understand accents, these countries have suddenly emerged as important economic, strategic and military partners in India’s Act East initiative.

#March/April 2016, #2016, #India's Export

India has come a long way from the time when it was tagged as an economically challenged country with low quality products. Today with a steadily growing population, India still remains a big consumption story that’s attracting multinationals and luxury brands to expand their presence here.