Victoria strengthens ties with India, with Dr Kiran Mazumdar-Shaw as Victorian Business Ambassador

Image
ANI Bengaluru (Karnataka) [India]
Last Updated : Mar 13 2018 | 7:20 PM IST

The Australian state of Victoria has launched a drive to strengthen its trade and investment ties with India with the appointment of Dr Kiran Mazumdar-Shaw as the Victorian Business Ambassador.

Earlier this year, Victoria had released their India Strategy setting out the state's vision to be a valued knowledge and business partner to India with a focus on key sectors including biotechnology and education.

Victoria's Minister for Trade and Investment Philip Dalidakis today met Dr Mazumdar-Shaw in Bangalore to mark her appointment as the Victorian Business Ambassador.

Their meeting was followed by an event at Taj West End Bengaluru attended by Victorian alumni, Victorian businesses in Bangalore and stakeholders. Minister Dalidakis was accompanied by a delegation of business representatives from Victoria's sports technology industry.

Dr Mazumdar-Shaw has strong ties to Victoria, having graduated from Ballarat College in 1975 with a Master's degree in malting and brewing. She also worked as a trainee brewer at Melbourne's Carlton and United Breweries. Her studies in Victoria sowed the seeds for a career in biotech and her in-depth knowledge of fermentation science helped her build Biocon, India's largest biopharmaceutical enterprise.

Among her many notable commemorations is her appointment as the first ever woman head of the board of governors of the Indian Institute of Management Bengaluru (IIMB) in 2014. She also holds the prestigious Othmer Gold Medal for her outstanding contributions in science and chemistry, conferred by Chemical Heritage Foundation, USA. In 2015, Federation University Australia in Ballarat even named a road in its Mt Helen campus in her honour - Mazumdar Drive.

Victoria is Australia's ideas capital and is renowned for its highly skilled workforce and culture of innovation with universities and research institutes that are ranked among the world's best.

The state is a leader in medical technologies and pharmaceuticals with globally renowned researchers who have delivered life-changing innovations like the bionic ear.

This vibrant industry generates more than $12.7 billion in revenue a year and features institutions like Monash University, ranked second in the world for pharmacy and pharmaceuticals.

Building on the ongoing collaborations between Victoria and India, the Victorian Government sees great opportunities to work together with India on its ambitious agenda for the National Health Plan 2017.

Dr Mazumdar-Shaw's appointment was announced by Victoria's Premier Daniel Andrews on a visit earlier this year.

Quote attributable to Minister for Trade and Investment Philip Dalidakis:

"Victoria is honoured to have Kiran Mazumdar-Shaw as a business ambassador for our state and we are excited to work with her towards strengthening the state's relationship with India. We look forward to forging new trade and investment partnerships in sectors like health, ICT, medical technology and pharmaceuticals that will benefit both the states."

"Victoria deeply values its strong cultural, social and economic relationship with India and, with our India Strategy; we are making a long-term commitment to deepen those connections and to become a valued knowledge and business partner."

"It is indeed an honour to be appointed as the Victorian Business Ambassador. In my new role, I look forward to promote collaborative and synergistic initiatives among academia, industry and government agencies of Victoria and India, which share compelling business and bilateral interests. There is a unique opportunity to combine Victoria's renowned culture of innovation with India's low cost innovation paradigm in developing and manufacturing cutting-edge technologies that can make global impact," said Dr Kiran Mazumdar-Shaw, Victorian Business Ambassador.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 13 2018 | 7:20 PM IST

Next Story