New Zealand Centre for Digital Connections with India

With a population of 1.5 billion, a GDP of 3.176 trillion USD, and a growth rate of 8.7%, India is the world’s 5th largest economies, and the fastest growing major economy of the world. A number of New Zealand based technology companies have recognised this and are riding the wave by servicing the growing Indian middle-class for some time. India’s tech industry is estimated to touch $245 billion in 2022-23, as many Kiwis who set up and run global IT operations in India will attest. Several Kiwi entrepreneurs have captive development centres in India to service the New Zealand market. New Zealand has attracted Indian IT majors since the 1980s. It is estimated Indian IT professionals contribute NZD350M to New Zealand's economy every year. Now at the C-level, industry leaders, successful in the startup, entrepreunership and VC space, many have set up their own professional services practices. This community collectively has unparalleled knowledge, experience, insights and connections in both markets - it is remarkable that there has been a vacuum in the space for so long. This initiative fills the gap acting as a catalyst, resulting in an inflected growth for New Zealand, and the organisations & individuals in that digital space.