Welcome to ICBCI
ICBCI is a worldwide Business & Community Development Network registered in Australia
ICBCI engage business development in India and Australia
What is ICBCI
ICBCI is a platform which facilitates international businesses leaders and organizations engaged in, or in support of international trade. ICBCI facilitate International delegation and connect to the local businesses
ICBCI is a platform to connect policy makers, think tanks, industry leaders, academicians from India, Australia and all over the world
ICBCI brings together entrepreneurs to share perspectives, insights, and expertise, as well as to foster the growth of entrepreneurship.
The program is an opportunity for Business and Indian dispora people to work with Indian leaders, organisations and communities to achieve the business and community development goals, leading to enduring improvements in the lives of underprivileged people in those communities
ICBCI team has years of experience providing successful advocacy in the business and other expertised areas. ICBCI share their expertise and support to achieve the outcome of our clients
What the new free trade deal with India means for Australia
A huge increase in business between India and Australia is expected over the next decade under a new trade agreement signed with the world’s fastest-growing economy over the weekend.
As Australia looks to reduce its reliance on trade with China, Prime Minister Scott Morrison has outlined plans to triple exports to India by 2035.
AUSTRALIA INDIA
India’s demographic trend will soon see it overtake
China as the world’s most populous country.
Currently, over 50 percent of India’s population, or
around 600 million people, are under 25 years. Within
the next five years, India will have the largest tertiary age population in the world. The middle class (89
million households expected to join the global
consumer class by 2025) – those best able to pay for
a quality education – is expected to swell to around
500 million.
With GDP growth rates set to exceed 8 percent per
annum, the demand for education and training can
only grow.
India’s domestic industry is increasing demand
for skilled workers (an estimated additional 120
million skilled workers are needed by 2022). The vast
majority of India’s workforce is informal, and only a
very small percentage have undertaken formal skills
training. India is not well placed to meet demand; its
formal skills development system accommodates
comparatively few participants (7 million per year);
much lower than emerging China (90 million) or
industrialised United States (11 million).
The demand for vocational education and training
is expected to undergo an exponential surge. This
suggests that India will emerge as the biggest
opportunity for international education providers in
the 21st century.
The skills sector in India has changed notably
in the last five years. The establishment of the
Ministry of Skill Development and Entrepreneurship
(MSDE) in 2014 has resulted in a more coordinated
and integrated approach to government policy. Read more...
Ref. India Reference Group Report