Bigger India

Australia Looks To Invest A$100 Billion In India

“Australia is the fourth largest country having top 100 universities, after the U.S., U.K. and Canada. Already, there are 70,000 Indian students in Australia,” Ms. Grace said.

The Australian government has committed to invest A$100 billion in India and Tamil Nadu will be one of the key States her country would be looking to invest in, Susan Grace, the Australian Consul General in Chennai, said.

“Currently, our investments account for only one fifth of the target and we are looking to invest a lot more,” she said at a press conference during the Tamil Nadu Global Investors Meet 2019. An announcement on the investment would be made in three months, Ms. Grace said.

Read it at The Hindu

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