• General
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • Internet
Friday, February 3, 2023
Tamil Wire
No Result
View All Result
  • Login
  • General
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • Internet
  • General
  • Opinion
  • Tech
  • Science
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • Internet
No Result
View All Result
Morning News
No Result
View All Result
Home Uncategorized

With focus on critical minerals, Australia to announce Rs 1500 crore investment in India

Minerva by Minerva
March 20, 2022
in Uncategorized
0
With focus on critical minerals, Australia to announce Rs 1500 crore investment in India
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

With a focus on technology and critical minerals, Australian PM Scott Morrison will announce Rs 1500 crore investment package in India at the India Australia virtual summit that will take place on Monday.

The summit will happen around noon, India time.  The last such virtual summit between the two leaders took place in June 2020. At that time, amid the Covid crisis, it was the first such virtual summit PM Modi had with any foreign leader. During that summit, the relationship was raised to a comprehensive strategic partnership.

READ ALSO

கோபியில் நடனமாடிய எத்தியோப்பியா அமைச்சர்

ஜப்பான் முன்னாள் பிரதமர் மீது துப்பாக்கியால் சுட்டுக்கொலை…? உலக நாடுகளை அதிர்ச்சிக்குள்ளாக்கிய சம்பவம்…!!

Also read | EAM Jaishankar to visit Munich, Paris; India, Australia, France FMs trilateral on anvil

The package is the largest ever Australian govt investment in India. The break up includes Rs 193 crores in clean technology and critical minerals cooperation for the production of renewable energy technologies firming up India’s capacity in the sector. The amount is also the largest of component of the package.

Australia is expecting Indian investment in the country’s critical mineral mines sector, especially with the visit of Indian Mines Prahlad Joshi to the country. Australia accounts for 55 per cent of global lithium production, something that can help India’s auto sector.  

Critical Minerals like lithium form the base of global economies and are used in the manufacture of electric cars, solar panels, mobiles. The development comes even has moves are on to reduce dependency on China for critical minerals, also known as Rare earth. 

Rs 136 crore will be announced to enhance cooperation in space, Rs 152 crore to establish centre for Australia India relations based in Australia increase community, business ties, and oversee scholarships, Rs 97 crore for cooperation in trade, skills, and innovation. 

Also read | India looking at FTA with UAE, UK, Australia, Canada, Israel: Trade minister Piyush Goyal

Sources said, “at a time covid has demonstrated increasing change and uncertainty across the Indo Pacific, the importance of comprehensive strategic partnership has never been more evident. Both PMs now recognize the need to further uplift and summit will emphasis India and Australia are top tier partners.”

Australia, India young defense officers exchange programme will also be announced in memory of Chief of Defense staff Bipin Rawat to promote ties, training, and information sharing on maritime security. Letter of intent on mobility, migration to be signed between the two countries that will increase people-to-people interaction. 29 Indian artifacts will be returned by Australia to India.

The national broadcaster of India, Australia will sign MoU, especially focusing on Indian programs in Australian networks. 

Previous Post

Donald Glover Reveals ‘Atlanta’ Season 3 Is “More About Van” At SXSW Premiere

Next Post

ISL Organising Body Chief Nita Ambani Lauds Performance Of Indian Players

Related Posts

ethiopia minister dance
Uncategorized

கோபியில் நடனமாடிய எத்தியோப்பியா அமைச்சர்

October 11, 2022
ஜப்பான் முன்னாள் பிரதமர் மீது துப்பாக்கியால் சுட்டுக்கொலை…? உலக நாடுகளை அதிர்ச்சிக்குள்ளாக்கிய சம்பவம்…!!
International

ஜப்பான் முன்னாள் பிரதமர் மீது துப்பாக்கியால் சுட்டுக்கொலை…? உலக நாடுகளை அதிர்ச்சிக்குள்ளாக்கிய சம்பவம்…!!

July 8, 2022
Apple Watch Series 8 may be able to detect if you have a fever
Uncategorized

Apple Watch Series 8 may be able to detect if you have a fever

July 4, 2022
Brave web browser for iOS updated with new ‘Privacy Hub’
Uncategorized

Brave web browser for iOS updated with new ‘Privacy Hub’

May 19, 2022
YouTube’s ‘most replayed’ experimental feature is now rolling out for all users
Uncategorized

YouTube’s ‘most replayed’ experimental feature is now rolling out for all users

May 19, 2022
Elon Musk could buy Twitter today, per reports
Uncategorized

Elon Musk could buy Twitter today, per reports

April 25, 2022
Next Post
ISL Organising Body Chief Nita Ambani Lauds Performance Of Indian Players

ISL Organising Body Chief Nita Ambani Lauds Performance Of Indian Players

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Tamil Wire

© 2022 Tamilwire .

Navigate Site

  • Buy Domains
  • Health Blog
  • Neuro

Follow Us

No Result
View All Result
  • Homepages
    • Home Page 1
    • Home Page 2
  • Politics
  • National
  • Entertainment
  • Fashion
  • Food
  • Health
  • Lifestyle
  • Opinion
  • Science
  • Tech
  • Travel

© 2022 Tamilwire .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Terms and Conditions - Privacy Policy