Australia to invest 1500 crore in India

New Delhi, 20/10: India-Australia Virtual Summit between India and Australia will be held on March 21. In this conference, PM Narendra Modi and Australian Prime Minister Scott Morrison will hold a virtual meeting. News agency ANI gave this information. A day before the summit, Australia has made a big announcement. Australia said that it will invest Rs 1500 crore in different areas of India.


According to the news agency, India and Australia will sign an MoU in the field of important minerals at the summit. After the signing of this MoU, the access of metals, coal, and lithium from Australia will increase in India. According to the news agency, India and Australia will make a trade agreement by the end of this month. Let us tell you that this is the biggest investment by the Government of Australia in India so far.

Let us tell you that the relations between India and Australia have strengthened a lot in the last few years. Both countries are working fast to strengthen and expand bilateral relations. If sources are to be believed, many big announcements can be made in this summit. According to the Ministry of External Affairs, both the countries can hold talks on regional as well as international issues.

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