Parramatta is Australia’s undisputed gateway to India. And it’s proving very good for business
Sydney Morning Herald
by Matt Wade, Mostafa RachwaniFebruary 22, 2026
AI-Generated Deep Dive Summary
Parramatta, a bustling suburb in western Sydney, is emerging as a pivotal hub connecting Australia to India's booming economy. The article highlights how cultural ties and strategic business partnerships are driving significant economic growth between the two nations, with Parramatta at the forefront of this collaboration. Companies like Infoneoo, a fast-growing Indian tech startup, and Saravana Bhavan, the world’s largest vegetarian restaurant chain, are thriving in the region, thanks to its large Indian diaspora and growing demand for Indian products and services.
Infoneoo, an AI-driven business services company, exemplifies this economic bridge. Founded just over a year ago, it has expanded rapidly, employing hundreds of people in Delhi and establishing strong ties with Australian firms like iSoft. These partnerships are not just financial but also strategic, creating mutual opportunities for growth. Ameet Nandlaskar, founder of Innovesta, which facilitates investments between Australia and India, emphasizes the win-win nature of these collaborations, generating jobs and fostering economic connections across sectors like IT, finance, and biotech.
The Indian diaspora in Parramatta and surrounding areas plays a crucial role in this economic engagement. Over a third of the population in these regions are Indian-born, creating a vibrant market for Indian businesses. Saravana Bhavan’s success since opening its first Australian location in Parramatta in 2014 is a testament to this demand. The chain has expanded across Australia and is now eyeing Adelaide, driven by the growing purchasing power of the Indian community.
This dynamic reflects a broader trend of cultural integration and economic interdependence between India and Australia. Businesses like Malabar Gold and Diamonds in Harris Park are also benefiting from this shift, catering to both Indian expatriates and local customers. The Indian community is not only a key driver of demand but also an influential player in shaping trade relationships between the two nations.
The success of these ventures underscores the importance of cultural connections in fostering economic growth. Parramatta’s strategic location and diverse demographics make it a gateway for businesses looking to tap into both Australian and Indian markets. As more Indian professionals and students settle in Australia, their influence is likely to further strengthen these economic ties, creating opportunities for cross-cultural collaboration and innovation.
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Originally published on Sydney Morning Herald on 2/22/2026