Latest news and updates from INZBC | Jan 2023
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INZBC Newsletter - January 2023 | For the best view, please see the newsletter online. View this email in your browser.
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Dear <<First Name>> ,

Greetings from INZBC !
Hope you had some good rest and break in the New Year! 

We start this year, with an incoming delegation from India, of Pharma companies. They are coming to Wellington, to seek partnerships and alliances to export and distribute Indian manufactured medicines. Please see the invite below and do register for the B2B meetings. 

Also, we look back at the year 2022, with our annual report. 
Do have a look and share your feedback as well. 

2023 looks very promising and we hope to meet up with you at our upcoming events. 

Thanks & Regards,

Earl Rattray
Chair, INZBC

January 2023
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Incoming delegation of Pharma sector from India. | B2B meeting invite 
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The Indian High Commission and India New Zealand Business Council, invite you to a buyer-seller-meet, with an incoming delegation of pharma companies from India. 

The delegation is being organised and led by Pharmexcil.
Pharmexcil is India's apex body for the pharma sector. (www.pharmexcil.com)


Pharmexcil is getting a business delegation to Australia & New Zealand during 06th-10th Feb 2023 to ensure the continuity of interactions of Indian exporters with stakeholders of the pharma industry in the Oceania region.  This initiative is being organised with support from the Ministry of Commerce, Government of India in close coordination with Indian missions abroad. 

The objective of the delegation is to propagate the quality of the Indian Pharmaceuticals industry and to impress upon the Government Authorities & Importers about the development of the Indian Drugs, Pharma, Herbal / Ayurvedic & Indian system of Traditional medicines and promote exports of Pharmaceuticals by holding technical Seminar & BSMs. 

We are expecting a 20-member business delegation from the Formulations (Generics), APIs and Herbal /Ayurvedic medicine etc.
For a full list of the delegates coming, click here. 

We invite interested companies and reps of pharma companies and regulatory consultants to come for this important B2B meet. 

Entry is free, but RSVP is essential. 

Date: Friday, 10 Feb 2023

Venue: Indian High Commission, 72 Pipitea Street, Thorndon, Wellington 6011
Time: 10am to 2pm 


RSVP by clicking and submitting this form: https://forms.gle/AxLWbTsdMpERKSYx7 

For details contact:

Mr. Manoj Kumar Sahu, 

SS (Political) & Commercial Representative - sspol.wellington@mea.gov.in 


REGISTER FOR B2B MEETING
INZBC Annual Report 2022
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2022 has been a year of a lot of activity for us at INZBC. We have compiled this report, to give a summary of all the events we have held in 2022. 
Please click on the buttons below to view it online or download the d

VIEW REPORT
DOWNLOAD REPORT
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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.

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Visit: https://umaginechennai.com/ for more info. 
5th Progressive Punjab Investors Summit 2023
On 23rd & 24th February 2023 at the Indian School of Business (ISB), Mohali, Punjab

IPunjab has been at the forefront of economic growth & development for India and has emerged as a preferred investment destination. The Government of Punjab has been working tirelessly towards creating and promoting a thriving business environment for industries and service sectors.

The State of Punjab has recently been recognized amongst the “Top Achiever” States in Ease of Doing Business in India by the Government of India and is a leading trade, business, and investment destination in India. An ode to the State’s economic development is the Progressive Punjab Investors Summit, which is an ardently curated forum for business networking, knowledge sharing and exploring strategic partnerships.


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Visit: http://investpunjab.gov.in/Summit2023 
for more info. 
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India-Australia FTA comes into force. 

Under the pact, Australia is offering zero-duty access to India for about 96.4% of exports (by value) from day one.
READ MORE
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The India and Australia free trade agreement (FTA) came into force from 29 December 2022, which is likely to double the bilateral commerce to $45-50 billion in around five years. 

The India-Australia FTA, which was signed on April 2, would provide duty-free access to Indian exporters of over 6,000 broad sectors, including textiles, leather, furniture, jewellery, and machinery in the Australian market.


Labour-intensive sectors which would gain immensely include textiles and apparel, a few agricultural and fish products, leather, footwear, furniture, sports goods, jewellery, machinery, and electrical goods.

Foreign universities can set up campus in India but UGC rules out online classes.



READ MORE
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The Modi government has finally set the ball rolling for foreign universities to set up their campuses in India, a policy change that was mentioned in the new National Education Policy.

However, the draft regulations released by University Grants Commission (UGC) Thursday has also put a rider to the provision by stating that courses offered should be taught in a physical mode with no online classes allowed.

The UGC said that those universities among the top 500 in international rankings or have an excellent reputation in the field of research and academics will be eligible to open campus.


Inflation, growth, budget & more: 10 factors that may impact the Indian economy in 2023



READ MORE
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New Zealand braces for supply issues as Covid-19 grips China



READ MORE
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New Zealand is being warned to brace for supply chain issues that could affect everything from RAT tests to a new TV as China is gripped by its first nationwide Covid outbreak.
International supply issues are already being felt in Japan, where local media Asahi.com reports cold medicine is running low. In New Zealand, epidemiologist Michael Baker says the threat is not so much from incoming travellers, but the indirect effects on the production of essential supplies in China.

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