PM Modi welcomes AustralianSuper's Dollar 500 million India investment

 Pic Credit: https://x.com/narendramodi

July 9: Prime Minister Narendra Modi welcomed AustralianSuper's planned $500 million investment in India, describing it as a strong vote of confidence in the country's long-term growth potential and investment environment. The investment reflects growing interest from global institutional investors in India's expanding economy.

Australian Prime Minister Anthony Albanese reaffirmed his government's commitment to deepening economic ties with India, saying Australia will continue working closely with its strategic partner to strengthen trade, investment, and business cooperation.

AustralianSuper CEO Paul Schroder praised Prime Minister Modi's understanding of business and long-term investing, highlighting India's strong growth prospects and the fund's confidence in expanding its investments in the country. The announcement underscores the strengthening India-Australia economic partnership and growing collaboration between the two nations.