Australia is ready to share the best technical services with India, and is looking to set up a Global Mining Centre of Excellence. The centre will be launched together with Gujarat Mineral Development Corporation next year.
The decision was one of the outcomes of the 12th International Mining and Machinery Exhibition (IMME) that saw participation from 14 Australian companies, 25 German and 40 Chinese ones, among others.
Quoting Melissa Carter, Trade Adviser to the Australian Trade Commission, the Confederation of Indian Industry said in a release that Australian mining experts are expected to train their Indian counterparts. These companies will also look at tie-ups with Indian firms to jointly explore opportunities in South Africa in the coming days.
The CII is the organiser of the IMME 2014.
"More and more Australian companies want to connect with businesses in India,” Carter was quoted in the release. In all, 14 Australian companies took part in IMME 2014.
Meanwhile, Klaus Stockmann, Member, VDMA, said, most of the German companies who participated in the summit have developed vital business contacts with prospective buyers.
"We have received about 300 serious business queries this year,” he said adding that the absence of skilled workers could be a reason for "dismal growth" in the mining sector of the country, the release said.
Lack of knowledge in handling the latest equipment could also be a reason as to why production is not good enough, Stockmann also added.