INZBC Newsletter - June 2022 | For the best view, please see the newsletter online. View this email in your browser.
Dear <<First Name>>,

Greetings from INZBC!

In this newsletter, we are happy to announce the release of a report on the Pharma Landscape of New Zealand. This report is a comprehensive guide on how the pharmaceutical industry works in New Zealand. Commissioned by the Indian High Commission, the report has been researched and prepared by INZBC, for the Indian industry. It is being released digitally today, free of cost. 

Also, we are announcing the intention to take a business delegation to India, for the FICCI annual conference, in Sep this year. Please see details below. 

We have successfully completed our first export-import workshop, in Auckland earlier last month. A summary of that is also given below. 

We look forward to hearing from you and meeting at our next event. 

Thanks & Regards,

Earl Rattray
Chair, INZBC

June 2022

Indian High Commi​ssion & INZBC Launches white paper on Pharma Landscape in New Zealand
India New Zealand Business Council and the Indian High Commission are proud to present to you our latest publication on the Health and Pharmaceutical Landscape of New Zealand.

This report emerged out of many conversations from our event late last year, held in the midst of a growing need for collaborations between countries to put an end to a pandemic unlike any our generation had ever seen.

Thankfully, we are now in a much better position in recovering from this crisis. It is a testament to the incredible resilience everyone has collectively shown in the face of a crisis like a few others.

In the year 2021, New Zealand imported NZ$ 91.03 million of pharmaceutical products from India, representing 2.3% of total imports of pharmaceutical products. There is a huge potential for growth in bilateral trade in the pharmaceutical sector considering the fact that India enjoys an important position in the global supply.
India is the largest provider of generic drugs globally. Indian pharmaceutical sector supplies over 50% of the global demand for various vaccines. Globally, India ranks 3rd in terms of pharmaceutical production by volume and 14th by value.

This manual is a sincere effort to put together relevant details
relating to steps to be taken for exporting medicines to New Zealand and listing of relevant organisations.

The report also gives important contact details of key stakeholders in New Zealand. 

This publication is an all-in-one guide for all stakeholders in the Pharma sector in India who desire to trade with New Zealand.

(Pic: INZBC secretary, Garry Gupta presenting the final report to H.E. Muktesh Pardeshi, High Commissioner of India, in Wellington)
INZBC invites companies for a trade delegation to India for FICCI LEADS 2022
INZBC has partnered with the Indian Chamber of Commerce, FICCI, to lead a delegation to India in support of their annual conference - LEADS 2022.This is the 3rd edition of LEADS: ‘Reimagine the World’, a 2-day global thought leadership initiative by FICCI, is being organized on September 20-21, 2022 at New Delhi.

This year, LEADS (Leadership, Excellence, and Adaptability of business built on pillars of Diversity and Sustainability) is planned, with an overarching theme of ‘Future of Sustainable World Order’.

INZBC organised the first part of it's series of workshops on export and import with India. 
This Physical event was held on 25 May 2022, hosted by NZTE. It focussed on area's such as Logistics, Banking & Finance, Insurance/ Export Credit, Customs & MPI Regulations, Taxation & Legal, and key trends in Exports, specific to the Indian context.
We had a power packed panel at the event:

David Pine - Indian High Commissioner to New Zealand
Brian Dewil – Managing Director, Ola New Zealand Global Limited
Asheel Bharos - Business Advisory Services, Associate Director, Auckland
Thomas Sheng -Senior Business Originator
Franky Wang - Head of Asia Business Activation
Pauras Rege - Director, Tiaki Capital
Rachael McGuckian - International Market Manager, IMEA region, NZTE 
Michael Fox - Head of Global Public Affairs, Zespri International
Aneil Balar - Managing Director at Service Foods Ltd
Reema Chawla - Strategic Operations Director, Harman Impex New Zealand Limited 
Ben Matthews - Senior Policy Analyst, International Relations, Ministry for Primary Industries​​
Sunil Kaushal - Head, Strategic Partnerships, INZBC
MC & Moderated by Jay Changlani Treasurer, INZBC

Highlights from the Event
QualityNZ Group celebrates a decade of investment in India
On 2nd of June 2022, Taj Mansingh Hotel in New Delhi witnessed a diverse gathering ofIndia’s top hoteliers, chefs, government dignitaries and educationist; coming together to celebrateQualityNZ Groups 10 years in India – by committing to a food processing unit in India and launching anew vertical in education, QualityNZ Education Ltd.
New Zealand Airline Academy Invest In Safety of Students
The New Zealand Airline Academy has not only been talking about safety but has been consistently investing in it. Our motto is ‘DO IT RIGHT’ and our simple philosophy is that ‘whilst we teach our students all the skills they need to a high standard, no student should ever pay with their life if they ever make a mistake’. To this effect, we have been constantly investing in state-of-the-art technology across our fleet to mitigate the inherent risks associated with flight training.
Meet Arunima Dhingra of Aims Global, featured ENZ Recognised Agent for June 2022
Arunima Dhingra is a Licensed Immigration Adviser and Managing Director of Aims Global Immigration and Education – an Education New Zealand Recognised Agency. She featured in international education agent for June 2022, and took the time to answer a few questions.

Offshore Wind Energy in India
Union Minister for Power and New & Renewable Energy, Shri R.K Singh, today held a meeting on transmission planning for offshore wind energy projects in India. Secretary,Power and Secretary, Ministry of New & Renewable Energy were also present on the occasion.

Uttar Pradesh: MSME Sammelan 2022 "Transforming MSMEs' competitiveness" on 27th-28th June 2022
ASSOCHAM has been aligned with the government initiatives to promote MSMEs and policies for the segment. Thus initiated a series of engagements to promote MSMEs’ competitiveness and are pleased to announce Uttar Pradesh MSME Sammelan - 2022 under the broad theme ‘Transforming MSMEs’ competitiveness’ on 27th-28th June 2022, Lucknow.

India's GDP Growth: The devil is in the details
Real gross domestic product (GDP) growth for the year ended 31 March came in at 8.7%. GDP is a measure of the size of an economy during a particular period. After adjusting for inflation, a growth of 8.7% sounds pretty good until we consider that GDP had contracted by 6.6% in the previous year

This is an opinion piece written by Vivek Kaul, published on
Five graphics that tell you all you need to know about India’s 2021-22 GDP data
The Government of India Tuesday revised its GDP (gross domestic product) growth estimate for 2021-22 to 8.7 per cent, lower than its earlier estimate of 8.9 per cent, according to provisional estimates released by the National Statistics Office (NSO).

Today our progressive nation is built on a fierce appreciation of the land that inspires us, and our desire to deliver sustainable solutions for future generations.

Our Government embraces high-quality investment to grow and support a sustainable and inclusive economy, now and into the future. We call this kaitiakitanga, or care for people and place.

New Trade Certification System To Be Established
“This investment from Budget 2022 helps facilitate New Zealand’s trade with other countries which is deeply important to our economy and the well-being of our communities,” Minister for Food Safety Dr Ayesha Verrall said.

Global inflation boosts NZ's terms of trade as food prices spike
High commodity prices that have driven up global inflation are also flattering New Zealand's terms of trade.
New Zealand's terms of trade, for goods, lifted 0.5 per cent in the first quarter to be just

Ardern in the US: Trade, tourism and talk shows
A new cohort of up to 5,000 international students was announced by the Government on 3 February 2022, as part of a five-step plan to reopen Aotearoa New Zealand's borders.
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