Prime Minister Narendra Modi met with leading Australian business heads and highlighted India’s credentials as one of the most preferred major economies for foreign investments in the world and called for enhancing cooperation with the Indian industry in areas such as technology, skilling and clean energy. In his interaction, PM Modi invited Australian businesses to invest in India.
On the last leg of his three-nation visit, PM Modi reached Australia from Papua New Guinea on May 22, 2023. On May 23, in a series of meetings with business leaders, PM met with the executive chairman of Hancock Prospecting Group Gina Rinehart, executive chairman and founder of Fortescue Metals Group Andrew Forrest and chief executive officer of AustralianSuper Paul Schroder, according to a release.
In Sydney, PM @narendramodi met Dr. Andrew Forrest, the Executive Chairman of @FortescueFuture Industries. He spoke about the economic opportunities in India and the reforms undertaken which make the country an attractive investment destination. pic.twitter.com/AwmQZqAVMV
— PMO India (@PMOIndia) May 23, 2023
In his meeting with Fortescue Group head Forrest, PM Modi welcomed the Group's plans to work with Indian companies in the field of Green Hydrogen. Emphasizing India’s ambitious renewable energy plans, he highlighted the transformative reforms and initiatives being undertaken by India, such as the Green Hydrogen Mission. Dr Forrest briefed the Prime Minister on Fortescue Future Industries’ plans and projects in India.
In a meeting with AustralianSuper CEO, he highlighted India’s credentials as an investment destination with an invitation to partner with India. The PM underlined his government’s progressive initiatives with Hancock Prospecting Group’s Rinehart and invited her to partner in technology, investment and skills in the mining and minerals sector.
PM @narendramodi met Ms. Gina Rinehart, Executive Chairman of Hancock Prospecting. The PM discussed the reforms undertaken to enhance 'Ease of Doing Business' in India. pic.twitter.com/Nv4Tapbir3
— PMO India (@PMOIndia) May 23, 2023
Apart from Australian business leaders, PM Modi met with several prominent Australian personalities in separate meetings in Sydney including Noble laureate in Physics and vice-chancellor and president of Australian National University, Professor Brian P. Schmidt, business specialist and accomplished public speaker Mark Balla, aboriginal artist Danielle Mate Sullivan, international chef, restaurateur, TV host, speaker and entrepreneur Sarah Todd, leading Australian singer Guy Theodore Sebastian and others.
