Latest news and updates from INZBC | Dec 2022
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INZBC Newsletter - December 2022 | For the best view, please see the newsletter online. View this email in your browser.
Dear <<First Name>> ,

Greetings from INZBC !

As very busy year draws to a close, we can go into the holiday season reflecting on what has been a very eventful and productive year for INZBC

During the year we have held a series of value adding events, which were well attended and well received. A highlight was being able to resume business delegation visits to India, with our September visit coming just at the right time as India and New Zealand embark on a re-set of bilateral trade settings.

Our annual Summit brought higher resolution clarity and thinking to the next steps in enhancing to NZ business relationships with India, which gives us a strong platform to make greater progress in the year ahead.  

On behalf of our INZBC executive team , and all those who are active in the process of building stronger relationships between NZ and India , I wish you a very happy Christmas and a prosperous and rewarding year in 2023

Thanks & Regards,

Earl Rattray
Chair, INZBC

December 2022
Workshop on boosting India-NZ trade ties held in Wellington
Indian High Commissioner Neeta Bhushan hailed the recent visit to New Zealand by Indian External Affairs Minister S Jaisankar as a signal that the two countries were “poised for massive growth in the coming months and years.”

She was addressing participants at a well-attended workshop, themed India Unplugged: Export–Import Pathways, conducted by the India New Zealand Business Council (INZBC) at the Indian High Commission in Wellington on November 25.
The initiative was spearheaded by Second Secretary (Political and Commercial Representative) Manoj Kumar Sahu on behalf of the Indian High Commission, Wellington.

High Commissioner Bhushan noted there was “political direction” coming from New Delhi to strengthen ties between the two countries, with their respective defence ministers engaging to discuss maritime cooperation on the sidelines of a multilateral meeting in Cambodia recently, which followed on the heels of the Indian Naval Chief’s visit to NZ and the signing of a White Shipping Agreement.
INZBC Summit 2022: Proposing a new approach to India trade relations
Identifying opportunities in the services, education, Ag Tech and merchandise trade to build strong business partnerships – was the central theme that emerged in this year’s India New Zealand Business Council (INZBC) summit held on 11 November 2022 at Stamford Plaza in Auckland.

The Summit included the presence of Hon Minister of Foreign Affairs, Nanaia Mahuta, Indian High Commissioner to New Zealand Ms. Neeta Bhushan besides a line-up of, business leaders, diplomats, sector experts and academics from New Zealand and India, to discuss the various issues of reimagining overall bilateral ties with a focus on increasing trade through building business partnerships between India and New Zealand.
In her keynote address, Hon Nanaia Mahuta, Minister of Foreign Affairs, Local Government and Associate Minister for Maori Development said, “India is a priority relationship for New Zealand, with opportunities in the energy sector, technology and trade.”

The Indian High Commissioner to New Zealand, Neeta Bhushan, highlighted the importance of high-level ministerial visits in strengthening the relationships in light of Indian External Affairs Minister Dr S Jaishankar’s visit to New Zealand. She reminded the audience that India is now 5th largest economy and its growth rate makes it the fastest-growing economy for the next few years to come.

2022 Immigration Update - Landscape for New Zealand Employers
By Vandana Rai, Director, Immigration Advisers NZ Ltd. 

2022 has been an eventful year - with New Zealand borders now fully opened, visitors, migrant workers, working holiday visa holders, students and family members have finally started pouring in. 

To enable this, Immigration New Zealand (INZ) has been in overdrive. As a result, this year has undoubtedly been busy and sometimes challenging for New Zealand employers, their employees and the immigration industry. While some business sectors are hoping to find time to enjoy a well-deserved break during the festive season, others, like the hospitality and tourism sector, are buckling up to overcome staff shortages while coping with the holiday rush.
Meghalaya Cricket Association joined hands with CricHQ to promote inclusive cricket.
Meghalaya Cricket Association is pleased to announce an official partnership with My Action Replay and cricHQ for live streaming and digital scoring of all levels of cricket being played under the aegis of Meghalaya Cricket Association. 

The partnership will equip the Meghalaya Cricket Association to live stream the matches and have greater access to individual player data, historical data, competition and fixtures management, analytics and help encourage the game of cricket. cricHQ will work with Meghalaya Cricket Association to provide live streaming and indexed highlights of matches, bringing the game to a broader audience.

The partnership came into effect after periodic meetings and discussions between representatives of Meghalaya Cricket Association and My Action Replay and cricHQ officials in India.
Strengthening India – New Zealand relations:
Is Sir Richard Hadlee the answer?
From cricket, business to business engagement to cooperation in the Indo-Pacific, where does India-NZ’s foreign policy stand after 70 years of diplomatic relations? Sandeep Sharma, Christchurch Chapter Head, INZBC shares an overview of this. 

During his recent visit to New Zealand, India’s External Affairs Minister Dr S. Jaishankar, when questioned about India’s better relations with Australia compared to NZ said: “New Zealand’s got Sir Richard Hadlee, what more do you want”? The emphasis here was on the long-standing relationship which NZ already has with India through cricket and sports.

Perhaps the business of cricket benefited the most from India because its pioneers like Sir Richard Hadlee, Stephen Fleming, Daniel Vettori and Brendon McCullum springboarded onto existing relations with India, adapting themselves to the changing landscape of the Indian cricketing industry. 
The business acumen of NZ’s cricketing heroes is the reason why NZ has access to India’s $5.3 Billion USD, Indian Premier League (IPL). It could be a case study for NZ private businesses. 

This year India and New Zealand celebrate 70 years of their diplomatic relations, which were first established in 1952. The celebrations became even more special with the visit of Minister, Dr S. Jaishankar in October 2022.
Have you read the INZBC Magazine 'Kia Ora India' latest issue!

This issue is based on the theme of 'Strengthening NZ-India ties' and covers the INZBC trade delegation's visit to India in detail.
  • In this issue of the Kia Ora India magazine, we highlight the recent INZBC          Business delegation that traveled to India, and took the lead in B2B engagements.
  • We also focus on the historical ministerial visit of Dr. S Jaishankar, External Affairs Minister, Government of India, to New Zealand.
  • In an interview with Simon Bridges, Jaishankar indicated that it is time for a reset of bilateral relations between the two countries. Read more in the Opinion piece by Bridges in this magazine. 
  • We bring perspectives from industry partners like Duco Consultancy, on the importance of the Services sector.We also highlight the power of the Kiwi-Indian diaspora in New Zealand.
Umagine Chennai 2023
Leave the future Behind 
23-25 March 2023 – Chennai, India 
Tamil Nadu is expected to become a trillion dollar economy by 2030. Technology, innovation and a competent workforce will be key.

Umagine Chennai is an annual technology, entrepreneurship and skill summit that will bring together startups, investors, academics, and policymakers from all over the world. It will showcase the thriving technology and innovation ecosystem in Tamil Nadu.

Visit: for more info. 
International Year of Millets (IYOM) – 2023
International Year of Millets (IYOM) – 2023 will provide an opportunity to globally promote millets as the nutritious cereals.

Ministry of Agriculture and Farmers Welfare working in mission mode to increase millet production and consumption: Shri Tomar

Shri Tomar said that on the initiative of Prime Minister Shri Narendra Modi, the United Nations has declared the year 2023 as the International Year of Millet (IYOM)

Union Agriculture Minister addresses the Luncheon for Delhi based High Commissioners/Ambassadors as a pre-launch celebration of the IYOM23

India is the elephant of the global economy, but is New Zealand investing enough in the relationship?
India’s economy is an elephant, but only recently have people started to see that as a good thing.

As far as animal metaphors go, Southeast Asian countries are the tigers driving dynamic growth, China is the dragon dominating it, and India is the elephant – a large lumbering economy held back by red tape, politics, size and complexity.

India and Free Trade – finally someone turned the lights on

In this guest posts, Paul Chalmers reacts to some changes of approach for the free trade agreements with India.

After nearly 20 years of frustrating ‘Free Trade’ talks between India and New Zealand, the chair of the India New Zealand Business Council (INZBC), Earl Rattray, has acknowledged that “a different approach to the traditional Free Trade Agreements which have served us well in many markets will be needed for India.” Whew. About time.

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