Australia to invest USD 10 billion for India



News:

Australia has lined up investments worth USD 10 billion for India as it is looking for greater co-operation with the country.

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  • Australian High Commissioner to India Patrick Suckling  has said that one of the key elements of Indian foreign policy is ensuring its energy security and Australia can strategically help India with its requirements in coal, gas, steel and uranium, among others.
  • Australia is also looking at collaborating to support India’s food security mission.
  • Indian government is trying to modernize the agricultural sector and opportunities for technological collaborations and investment with Australia.
  • Australian educational institutes are planning to have tie-ups in India in order to  offer support in the skill development mission.

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