KPMG playing a crucial role in fostering Australia-India trade

Kumar Parakala, Partner, KPMG

A company that is playing a crucial role in fostering Australia-India trade is KPMG with almost 9,000 people collectively working in Australia and India.

With Australian companies becoming increasingly aware of the immense potential offered by India, there has been a huge surge in inquiries at KPMG offices in both countries. In fact, the firm has set up special teams for the purpose of catering for the increased interest in the Australia / India corridor. ���Our Australia-India Business Practice is aimed at helping Australian clients looking to invest in India and vice-versa,��� says Kumar Parakala, Partner and Head
of Australia-India Business practice.

Mr Parakala, a veteran of the Australian ICT industry and also the Chairman of the Australian Computer Society based in Sydney, will be moving to India to further strengthen the Australia-India corridor and run the IT Advisory business over the next two years.

���It is a great time to be in India. The Indian economy is booming and there is a lot of interest from Australian companies, particularly in Education, Healthcare, Infrastructure and Financial Services sectors, where India needs help��� he says.

For Indian companies looking to invest in Australia, Mr Parakala identifies Mining, IT, Hospitality, Energy and Utilities and Sustainability sectors hold significant potential.