Indian Auto cos collaborating with Australian firms

Indian auto industry is looking to partner Australian companies in the areas of R&D, design, product development and engineering. A delegation representing the industry is on a visit to Sydney and Melbourne from August 10 to 14, to know about the local automotive technology and research, the Australian Trade Commission said in a statement. "India is becoming a major auto hub and Indian companies are looking for partners to help build their global competitiveness. Australia has high-quality research institutions, specialist research and problem solving skills and strong capability in future vehicle technologies," Austrade's Senior Trade and Investment Commissioner for South Asia, Nicola Watkinson said in a statement. The Indian Automotive Technology Mission is a part of Austrade's Australian Innovation Showcase, a programme of events highlighting the country's expertise to India across a range of industries, it added. Australian is committed to expanding trade and investment ties with India through an economic partnership agreement aimed for completion by the end of 2015.

"The Indian government is also seeking greater international collaboration to help expand manufacturing through 'Make in India' campaign," the statement said.