|About NSW IT:
The state of New South Wales in Australia with Sydney as its capital is an A$500bn economy contributing one-third to Australia’s GDP. It is Australia’s largest and most diverse state economy with 43% of Australia’s top 500 companies based there. NSW also has a large domestic market with one-third of Australia’s population. Sydney is Australia’s financial and business capital and Australia’s platform for business engagement. Australia’s ICT industry is valued at approximately over A$120bn. NSW accounts for over 50% of Australia’s exports of ICT goods and services and around 40% of Australia’s ICT workforce. It is also Australia’s leading State for ICT research and innovation.
Australia has been named as the best country in the world for online business and has been ranked 3rd in the number of tech deals globally. Australia leads 4G speeds. NSW is the leading contributor to Australia’s digital economy. ICT industry revenue is more than A$32.5bn. NSW has one of the highest iPhone and smartphone penetration rates in the world, expected to reach 93% by 2018. It also has the highest share of data centres in Australia. The NSW Government spends A$2bn each year on ICT applications and services. 64% of Australian tech start-ups are in NSW.
The NSW Government invites Indian companies to consider the benefits of establishing or expanding their operations in NSW as the next step in the growth of their business.
Brig. Harikumar, Executive Director, HYSEA Ph: 040 6453 2711