Scoop has an Ethical Paywall
ANZ India trip pays off for Kiwi exporters
For Release: 17 May 2013
ANZ India trip pays off
for Kiwi exporters
A business trip to India, organised by ANZ Bank, has generated new business for several customers who took part.
Late last month ANZ took 13 New Zealand businesses, including meat, dairy, wine, fruit and juice exporters, on an eight-day trip to India – a key destination for New Zealand businesses looking to expand.
The group visited Delhi, Mumbai and Bangalore, and attended 109 meetings with prospective buyers, customers, business partners and Kiwi companies already working in India. Business workshops were held by ANZ India, NZTE, the New Zealand High Commissioner to India, KPMG and AZB Partners.
“The goal was to give customers a better understanding of how to do business in India and connect them with ANZ’s networks in India that will help them expand their business into this enormous market,” said Sunil Kaushal, ANZ Head of India Relations.
“Already the new connections have paid off for several customers, who have secured new orders for their produce, while others built relationships that are expected to lead to more export orders.”
For example, Heath Wilkins, of Birdhurst Ltd/Golden Bay Fruit Ltd, doubled the number of containers of apples he exports to the Indian market by cementing existing contacts and establishing new ones during the trip.
India is one of Asia’s fastest-growing economies with a burgeoning middle class that already numbers 560 million. Rapid urbanisation is changing Indian dietary habits and is creating significant demand for protein and specialty foods.
“The opportunities for New Zealand exporters are enormous. However, capitalising on the demand requires New Zealand businesses to have a good understand of India, great relationships with business partners, and a sound knowledge of the products Indians want to buy,” Mr Kaushal said.
“With a presence in 32 countries, including India, ANZ has the networks to help New Zealand businesses reach out to new markets and new opportunities.”
While in India the group visited the Taj Mahal in Agra and attended an India Premier League match between the Delhi Daredevils and Mumbai Indians at the Ferozashah Kotla Stadium in New Delhi. On ANZAC Day the group attended a Dawn Service in Mumbai.
ends
ANZ Bank New Zealand Limited
Get on top of your money
ANZ has been helping New Zealanders get on top of their money ever since we opened for business in 1840. We were New Zealand's first bank and today we have a large network of full-service branches and ATMs, and talented people across the country.
We're passionate about helping our customers make their money work harder and equipping them to make better financial decisions. Whether it's travelling the world, buying a home, building a business, investing for the future or protecting their family's future, we use our financial strength and expertise to help make it happen.
Through our sponsorships, our Staff Foundation and thousands of staff volunteer hours each year, we support causes that make a difference to New Zealanders.
Bill Bennett: I didn’t leave WordPress, WordPress left me
The Reserve Bank of NZ: Financial System Remains Resilient Amidst Economic Downturn
Entertainment Venues Association of NZ: New Ticketing Code To Enhance Confidence Of Ticket Buyers And Event Providers In New Zealand
RNZ Online: Aotearoa Has Multiple Clouds So Unique They Have Names
Organics Aotearoa NZ: Genetic Engineering Reforms Risk Making NZ An Outlier
Bill Bennett: Spark lowers FY2025 forecast, plans Connexa stake sale
