##{"id":51771,"date":"2006-06-15T13:25:11","date_gmt":"2006-06-15T03:25:11","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2006\/06\/15\/time-for-australia-to-focus-on-india-anz-argues\/"},"modified":"2006-06-15T13:25:11","modified_gmt":"2006-06-15T03:25:11","slug":"time-for-australia-to-focus-on-india-anz-argues","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2006\/06\/15\/time-for-australia-to-focus-on-india-anz-argues\/","title":{"rendered":"Time For Australia To Focus On India, ANZ Argues"},"content":{"rendered":"<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">All we have been hearing back recently is China, China, China, but the analysts at ANZ highlight the &quot;strong growth potential and burgeoning middle-class population&quot; India offers. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">Up until now trade between the two countries has not been as developed as it has been with China and other Asian countries, but ANZ says Australia is now awakening to the opportunities the country has to offer. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">In 2000 India was Australia&#8217;s 20<sup>th<\/sup> largest merchandise trading partner, this has now risen to 12<sup>th<\/sup> and it is currently Australia&#8217;s 6<sup>th<\/sup> largest export market. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">India&#8217;s growth continues to be ahead of trend, the analysts say, and they see &quot;significant room to expand bilateral trade and investment ties.&quot;<\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">Obviously India&#8217;s demand for resources presents Australia with a major opportunity, but ANZ also points to mining technology as an area that could benefit as well as infrastructure opportunities. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">In particular, ANZ sees clear scope in fast tracking growth in tourism and education especially given the opportunities presented by the 1,000+ films per year produced by Bollywood.<\/font><\/p>\n<\/p>\n<p>By Terry Hughes<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s economic importance is clearly on the up and ANZ says opportunities abound for Australia.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51771"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=51771"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51771\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=51771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=51771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=51771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}