Hotline: 1800 102 2007
X
Search Business Opportunities

How The Agreement Between India And Australia Will Strengthen The Education And Business Link

India and Australia Signed Five Agreements to Boost Education and Business Partnership

By Content Writer
How The Agreement Between India And Australia Will Strengthen The Education And Business Link

In president Ram Nath Kovind’s recent visit to Australia, various things were addressed with Governor General Peter Cosgrove and Prime Minister Scott Morrison of Australia. India and Australia have agreed to ink pact on five major fields. This includes education and business as well. This collaboration will help students and aspiring entrepreneurs of both nations. Read on to know more about it…

Five Agreements

The agreement signed between the Government of India and the Government of Australia includes the following-

  • Cooperation in the area of disability and to deliver services to the differently-abled.
  • An agreement between Invest India and Austrade to facilitate bilateral investment.
  • To foster scientific collaboration and innovation, an agreement is made between the Central Mine Planning and Design Institute, based in Ranchi, and the Commonwealth Scientific and Research Organisation, based in Canberra.
  • For cooperation in agricultural research and education, The Acharya N.G. Ranga Agricultural University, Guntur, collaborated with the University of Western Australia, Perth.
  • A Joint PhD agreement between the Indraprashta Institute of Information Technology, Delhi, and the Queensland University of Technology, Brisbane.

Opportunity for Foreign Investors

India has renewed its commitment to a liberal, transparent and globalised economy. India drew almost $ 62 billion in FDI.

Thus, India is open to foreign capital and international investors. There is a whole lot of business sectors available in India, from aviation to mining to defence production, has had doors thrown open to global players and investors.

In fact, to make India even more of a hub for new, exciting and global businesses, several measures – fiscal and regulatory, infrastructure promotion and investment policy – have been taken. 

Establishing a Symbiotic relationship

India is the world’s fastest-growing major economy and offers more opportunity for Australian business over the next 20 years than any other single market.

Simon Birmingham, Australian Trade Minister, said, “Our work will focus on greater economic engagement targeting 10 Indian states and 10 key sectors while providing practical support for Australian businesses entering or expanding operations in India.”

Australia and India are also planning to collaborate and benefit from each other’s expertise in fintech and logistics, in industrial design and biotech, in the capital markets and in farm-to-fork management of the food chain – even in space tech and satellite launch services.

Comment
Related opportunities
  • Quick Service Restaurants
    About Us: Café 2.o is café from Mumbai known for its..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Beauty Salons
    About Us: Monsoon Salon & Spa is the best hair & beauty..
    Locations looking for expansion New Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • About Us: ARC, a premium brand of Jindal Stainless Group, is..
    Locations looking for expansion New Delhi
    Establishment year 2003
    Franchising Launch Date 2003
    Investment size Rs. 30lac - 50lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Departmental/Unisex
    About Us: Tailorz was launched in 2015 with a vision to..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts