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Spicing up trade with India, Queensland to open office in Mumbai

The Queensland Government will open a trade office in Mumbai, its second in India.

Aug 10, 2023, updated Aug 10, 2023
Skin O2's Alison Atia with Queensland Trade Commissioner for India Abhinav Bhatia

Skin O2's Alison Atia with Queensland Trade Commissioner for India Abhinav Bhatia

The opening of a Trade and Investment Queensland office in the city was aimed at capturing more of the growing trade with India.

Under its five-year strategy TIQ has a goal of assisting 22 deals for Queensland business in the Indian market this year, a 55 per cent increase on the previous year.

India is the state’s fourth-largest trading partner and second-largest export market.

In 2022 Skin O2 engaged TIQ to assist in entering the booming Indian cosmetics sector.

TIQ introduced Skin02 to India’s leading luxury beauty retailer Baccarose in July that year.

After several online and in person meetings, Skin02 finalised a three-year deal in June, which will see the Queensland company go from exporting $200,000 of products to India to forecasting $10 million.

Treasurer Cameron Dick said whether it was exporting through proud Queensland companies like Skin O2, or getting more involved through industry, university or research collaborations and partnerships, the Government was committed to growth.

“Face-to-face interactions are vitally important in business in India which is why the Queensland India Trade Strategy focuses on providing Queensland businesses with more opportunities to build strong relationships with potential partners,” he said.

“Under the strategy, the Palaszczuk Government and TIQ will also push for direct flights between Brisbane and Indian cities to make travel easier.”

 

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