Long-term power purchase agreements are very important from an Indian perspective, not only in terms of supplying regular power across the country, but also for efficacy of the transmission network.
Sentiment: POSITIVE
India, in particular, is looking to develop nuclear power for domestic, commercial use, and we should work with them. This is a good deal for both countries.
The establishment of free trade agreements can be a critical and progressive step towards greater economic integration, and continues to become more valuable in an increasingly global world.
Because countries often have differing political and economic systems, agreements are needed to protect those invested in trade.
Trade agreements are important because they open up new marketplaces to small businesses, which ultimately translates into more jobs and greater economic growth.
The Australia to 2050 report highlights something that is well understood by South Australians, that infrastructure plays a key role in long-term economic expansion.
Import and substituting imports with domestic production are a big opportunity. With a devaluation of the rupee, imports get expensive, and for Indian manufacturers, this creates a huge opportunity.
India is an important market for Ericsson, not only as a telecom market but also as a global hub for R&D.
Companies like Husk Power Systems are working to impact positively not only the environment, but to ensure that someday everyone, including the poorest of the poor in rural India, will have access to clean and affordable electricity.
India has the unique advantages of having the biggest domestic market and this should support IT companies.
Purchasing power is a license to purchase power.