AusInd bridge foundation is initiative by South Asia Community Link Group Australasia ( SACLG) to work towards Australia India collaborations in various field. I was selected as digital intern under University Connect programme ( UCP) to work on live project on Victoria India ties for a period of two months. A team of 13 students were selected from our Sri Sri University as first batch of Interns for AIBF. It was a matter of honor to be selected In the first batch of interns for such a great initiative.
It was really great to work Under Dr. Raju Adhikari ( president , SACLG, Australasia) and Mr. Deepak Vinayak ( founder, AusInd bridge foundation). During this two month internship, I was assigned New Delhi as a state on which I have to research about major investment opportunity In Delhi and what Expertise we can bring from Victoria for such sectors and similarly I research on Victoria for the areas of collaboration and investment. It was very insightful work, each assignment was great learning in itself. Our India coordinator
Prof. Kamala Kanta Dash guided us throughout our internship.
Working with our team for institutionalizing the India initiative and taking forward Australia partnership with Indian states helped me enhance my knowledge about Indian states. I learned new skills and also improved my soft skills while working with our team that will definitely help in my carrier.
Moreover, as a MBA student it helped me to research over entrepreneurship opportunity available in various sector in various states and it helped me to learn how the market research is done. Aligning Australia’s India strategy and victory India strategy for collaborating with Indian states was really brainstorming but was a great learning experience.
This internship gave me the opportunity to connect with many leaders in Australia and India. The mentoring from the core team of AIBF and other experts from various industries, government, universities from both Australia and India was best part of this internship. It was really a new way of learning by connecting the interns to experts. The sessions were really insightful.
Being the first interns I learned a lot. This initiative that started from our university in very less time attracted other university to be the part of this initiative. Many professionals from different sector joined this initiative which in turn helped me to broaden my network as well as mentorship provided by them to our team was really valuable.
I gave my whole effort in this internship as directly or indirectly we all were working towards developing and improving Australia India bilateral relationship by searching for new areas of collaboration. I believe AIBF will help take both the nations to a greater heights. Our Internship period is of two months but our association with AIBF will be lifelong.
Work Experience:
New Delhi being the capital city of India is the largest commercial centre in Northern India. Delhi NCR account for about one-fourth of foreign direct investment (FDI) received by the country. Delhi has thirteenth highest GDP in country and ranks second in Per Capital Income. With the current population around 16.78mn, urbanisation rate 97.5%, Delhi GDP growth rate is increasing 11.5% annualy.
Service sector contribute 86% to Delhi GDP. Key service include information technology, telecommunications, hotels, banking, media and tourism, Construction, power, health and community services and real estate. Agriculture and industries contribute 2% and 12% to GDP.
Delhi hosts significant IT companies such as Google India , HCL Technologies , SAP Labs India , Tata Consultancy Services and SAS Institute India . Its satellite cities that fall within the NCR , such as Noida in Uttar Pradesh or Gurgaon in Haryana , are also home to a strong IT sector.
According to the Industrial Policy for Delhi 2010-21, the Delhi government hopes to increase investments into and further develop the state’s IT industries. 62% of tourists and NRIs visiting India come to Delhi. Delhi’s tourism sector makes up 5.6% of its GDP and the Delhi government considers it to be “high growth industry.”
The state-owned Delhi Transport Corporation (DTC) runs the world’s largest fleet of CNG buses and one of India’s largest bus transport systems. Buses are a very popular means of transportation in Delhi, handling a major percentage of Delhi’s total transport demand. A large number of buses are still needed to serve the handle the huge population. Delhi metro is largest metro rail network in India with the length of around 400 km and still expanding.
Thus huge investment opportunities are available in New Delhi. Major investment sectors include transport, Real estate, Energy, Social and commercial infrastructure, water and sanitation, communication and logistics. Investment opportunities are as following :
Transport : USD 162.02 bn
Real estate : USD 928.65 mn
Energy : USD 253.18 BN
Social infrastructure : USD 88.19BN
Commercial infrastructure : USD 18.77bn
Water and sanitation: USD 95.57 bn
Communication : USD 9.58bn
Logistics : USD 9.93bn
Delhi government initiative to make Delhi pollution free city has bring many opportunity to invest in solar energy and clean fuels with a major focus on promoting E- vehicles, E- waste management etc. Delhi government vision to make Delhi a smart city and keeping in mind the increasing population in Delhi, huge investment is available in social and commercial infrastructure and real estate sector.
In the near future , the New Delhi will offer more investment opportunity and may become hub of many major industries in coming future.