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India, Australia team up in USD1t power investment
India plans to invest USD1 trillion dollars on its power sector by the year 2030, with the objective of attracting Australian business executives to start new ventures in the country.
The cheap labor and massive man power that the nation provides can be utilized effectively with Australian innovation to boost the local economic scene to its limits.
The Republic's growth figures for the fourth quarter of 2015 stand at 7.3pct, and its growth is likely to continue following previous policies aimed at creating an easier environment for business start ups.
"The world is witnessing a depressed economic atmosphere, however India is a shinning spot. We will use this image to invite countries such as Australia to invest in the country," commented the energy minister.
The cheap labor and massive man power that the nation provides can be utilized effectively with Australian innovation to boost the local economic scene to its limits.
The Republic's growth figures for the fourth quarter of 2015 stand at 7.3pct, and its growth is likely to continue following previous policies aimed at creating an easier environment for business start ups.
"The world is witnessing a depressed economic atmosphere, however India is a shinning spot. We will use this image to invite countries such as Australia to invest in the country," commented the energy minister.
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