Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
Special Correspondent

Australia prepared to invest ₹1,500 crore in Indian market

Sarah Kirlew, Australia Consul-General for South India, on Thursday launched “An Update to An India Economic Strategy to 2035”, report which provides five-year action plan for the Australian government to accelerate economic integration between Australia and India.

“There has never been a better time in Australia-India relations. We have a clear action plan to deepen our economic integration through 26 new initiatives supported by substantial funding. We are celebrating the signing of the Australia-India Economic Cooperation and Trade Agreement,” she said in an event at Madras School of Economics.

Ms. Kirlew said 83 memoranda of understanding were signed between Australian institutions and their counterparts in Tamil Nadu and she hoped that new scholarships and other programmes would cement Australia as a partner of choice. Welcoming the return of Indian students to Australia, she pointed out that there was significant scope for collaboration in technology and innovation, the energy sector and infrastructure financing.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.