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 raft of far reaching reforms in India’s mining sector will encourage the entry of global majors, increase FDI flows and help the country achieve self-reliance as it recovers from the economic impact of the Covid-19 pandemic.
Australia can play a significant role in India’s growth story, not only as a resource supplier, but also as an enabler, helping India modernise its mining sector and improve efficiency, writes an expert on India- Australia relations. The Australian government’s release of the ‘India Economic Strategy, 2035’ (IES2035) last year came as a relief to those with concerns that Australia might be falling behind in according India a higher priority. The document lays down Australia’s vision for capturing the opportunities [...]