Our Terms & Conditions | Our Privacy Policy
New Delhi, Sep 23 (PTI) Commerce and Industry Minister Piyush Goyal on Monday sought investments from Australian pension funds in sectors such as renewable energy, manufacturing, education, fintech, and agritech.
The minister is in Australia to participate in the Joint Ministerial Commission of the two countries.
Also Read | 7th Pay Commission Update: Uttar Pradesh Government Likely To Announce 4% DA Hike for Its Employees Before Centre, Says Report.
He also held a meeting with Tania Constable, CEO of the Minerals Council of Australia, regarding ways to strengthen collaboration in the critical minerals sector between India and Australia.
“Minister met senior representatives from the Australian pension funds. Discussions focused on the robust policies and reform agenda of the Government of India which have boosted investor confidence. Minister encouraged greater investments into the emerging sectors in the Indian market,” the commerce ministry said in a statement.
Also Read | EPFO Adds 19.94 Lakh Net Members in July, Highest Ever Surge in 1st-Time Job Seekers.
Critical minerals, such as cobalt, copper, lithium, nickel and rare earths, play a crucial role in the production of clean energy technologies, from wind turbines to electric cars.
Such minerals are in demand for the production of batteries for electric cars.
During his meeting with Joel Katz, Managing Director of the Cruise Lines International Association, Goyal discussed opportunities for enhancing coastal tourism in India.
The commerce minister also interacted with Robin Khuda, Founder and CEO of AirTrunk, and discussed India’s digitalisation growth and the significant potential for collaboration in the data infrastructure sector between the two nations.
Australia is the 25th largest investor in India with foreign direct investments of USD 1.5 billion from April 2000 and June 2024.
(This is an unedited and auto-generated story from Syndicated News feed, Pune Media Staff may not have modified or edited the content body)
Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.
Aggregated From –
Comments are closed.