PM Modi Strengthens India-Australia Economic Ties

Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese addressed the Australia-India CEOs Forum in Melbourne, reaffirming the shared commitment to strengthening economic and investment ties between India and Australia.

During his address, Prime Minister Modi highlighted India's strong economic growth, stable policy environment and reform-driven business ecosystem, positioning the country as one of the world's most attractive investment destinations. He emphasized that India offers significant opportunities for global businesses backed by rapid digital transformation, infrastructure expansion and innovation-led development.

Inviting Australian companies to become partners in India's growth journey, the Prime Minister identified manufacturing, clean energy, critical minerals, artificial intelligence, fintech, infrastructure and the digital economy as key sectors for collaboration. He stressed that India's vast market and Australia's technological expertise and resources create a mutually beneficial partnership capable of driving long-term economic growth.

A stronger economic partnership for a shared future.

PM @narendramodi and PM @AlboMP addressed the Economic Roadmap business event, a gathering of over 200 CEOs and business leaders from both sides.

PM highlighted the natural synergies between India and Australia and called for… pic.twitter.com/WZ255AZ7pR

— Randhir Jaiswal (@MEAIndia) July 9, 2026

Prime Minister Narendra Modi emphasized the natural economic complementarities between India and Australia while urging the early conclusion of the Comprehensive Economic Cooperation Agreement (CECA). He called on businesses from both countries to deepen collaboration in strategic sectors such as critical minerals, semiconductors, electric vehicles (EVs), and defence. The Prime Minister also encouraged Indian states and Australian provinces to strengthen sub-national economic partnerships to unlock new investment and trade opportunities.

#WATCH | PM @narendramodi underscored the growing India–Australia economic partnership at the India–Australia CEO Forum, calling for deeper collaboration in trade, clean energy, critical minerals, infrastructure, and advanced manufacturing. He invited Australian investors to… pic.twitter.com/m8PqiUWQtJ

— DD News (@DDNewslive) July 9, 2026

The interaction with business leaders at the Australia-India CEOs Forum reflects the growing strategic and economic partnership between the two nations, with both governments committed to expanding trade, investment and innovation-driven cooperation.

#WATCH | Prime Minister @narendramodi and Australian PM Anthony Albanese interact with top business leaders from India and Australia during the India-Australia CEOs Forum.@AlboMP @MEAIndia @HCICanberra @cgimelbourne#PMModiInAustralia pic.twitter.com/zbxfna0Jk4

— DD News (@DDNewslive) July 9, 2026