India - Australia Strategic Partnership - A Developing Infrastructure Story?
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Recently India launched its much-awaited Australia Economic Strategy (AES) report. AES is the only strategy report ever produced by the Indian government for a specific country, and is a reciprocal report to Australia’s India Economic Strategy to 2035 (IES 2035) report.The IES2035 set a target for India to become one of Australia’s top three export markets, to make India the third-largest destination in Asia for Australian outward investment, $100 billion by 2035.The release of the AES is timely, covering a wide range of sectors and keeping in mind post-COVID-19 recovery, which both Australia and India will need to work on. The AES strongly recommends a six-month review of the strategy and IES 2035 implementation for the next two years. It asks for sector-specific specialized delegation exchanges, sharing of more success stories between both countries, and a focus on matching businesses with similar goals. GRI Infrastructure Club India along with Australian Trade & Investment Commission are hosting a meeting for exchange of ideas, to create better understanding of each other’s markets in sectors such as Roads, Airport, Energy, Ports and to foster collaboration between both countries. Key decision makers from the Infrastructure sectors of both countries will join this discussion.
This event is part of the Australian Government’s Australia India Business Exchange (AIBX) program.
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