The acquisition will enhance HCL's contribution to digital initiatives in Australia and New Zealand.
From highly social beings, to a ‘social-distanced’ society and then insulated economies, it is up to countries like India and Australia to keep globalisation cooperation alive.
In an initiative to attract companies leaving China and to provide the world with an alternative to over-dependence on one country, New Delhi, Tokyo and Canberra are considering a deal that could change the paradigm of global trade for decades to come.
France has described India as its foremost strategic partner in Asia. Germany has included the word ‘Indo’ in its regional strategic doctrine for the first time. And India, Australia and France have held their first trilateral dialogue on enhancing cooperation in the Indo-Pacific. All these unrelated developments point to one geo-strategic conclusion: That the world’s big democracies are shoring up their defences against the new hegemon that is threatening the global order.
Shapoorji Pallonji group company Sterling and Wilson Solar Ltd has won a $A525 million, as well a 20-year, roughly $A85 million Operation and Maintenance (O&M) contract for a solar project in Australia.
Engineering and digital technology solutions company Cyient is set to acquire specialist Australian consulting firm IG Partners to expand its end-to-end offerings for the local and regional resources sector.
Australia has several critical minerals such as cobalt and lithium while India has proven manufacturing prowess. If the two countries combine these strengths, they can produce cutting edge products for the world market.
Dr Vanessa Guthrie, Non-Executive Director, Australia – India Council, welcomes the Indian government’s recent reforms in the mineral mining sector while highlighting the key areas in the sector where India and Australia can work together post Covid-19 pandemic.
A pact to allow Indian and Australian militaries to use each other’s bases, upgrading the 2 + 2 dialogue to the level of ministers and a joint call to promote peace, security and stability in the Indo-Pacific signal a new determination in New Delhi and Canberra to deepen bilateral engagement and present a common front against a rising hegemon.