Ministry of Road Transport & Highways
Promoting Indo-Australian bilateral trade and investments Shri Nitin Gadkari emphasizes on great investing opportunities in India including the transport infrastructure sector.
Posted On: 21 OCT 2022 6:10PM by PIB Delhi
Promoting Indo-Australian bilateral trade and investments Union Minister for Road Transport and Highways Shri Nitin Gadkari emphasized about the great investing opportunities in India including the transport infrastructure sector. Among various meetings in New South Wales, Sydney, Australia Shri Gadkari had a fruitful interaction with Australian Senator Mr. Ayres, Assistant Minister for Trade and Manufacturing.
Shri Gadkari and Mr. Ayres discussed about the excellent investment opportunities for Australian Investors in the Roads and Transport sector in India. The Minister said the trade relations between the two nations is upbeat & win-win for both the countries with technology & innovation being the key drivers for future growth.
Shri Gadkari visited the Research Center for Integrated Transportation Innovation (rCITI) at University of New South Wales, Sydney. rCITI in collaboration with IAHE and Indian Mobility Industries will work together to build the Center for Advanced Transportation Technology and Systems (CATTS) in India. A testimony of Indo-Australian Partnership, CATTS will serve as Centre of Excellence to build capacities in the fields of smart transport systems.
The Minister had a meeting with the Team of Australia-India Infrastructure Forum (AIIF) in Sydney, hosted by Pricewaterhouse Coopers (PwC).
Shri Gadkari had a meeting with Mr. John Hopkins, CEO of Export Finance Australia. Discussions pertained to effects of India-Australia Economic Cooperation and Trade Agreement (ECTA) on trade and bilateral investments between the two countries. The Minister said India’s export of goods and services to Australia will increase in the coming years with the fostering of strong India-Australia Partnership under the visionary leadership of Prime Minister Shri Narendra Modi.
Shri Gadkari also visited Australia’s largest Motorway Control Centre (MCC), managed by Transurban at St. Peters NSW in Sydney.This facility streamlines the coordination of critical incidents and maintenance and network wide traffic monitoring, including the Tunnels.
Later addressing program organised by University of NSW Shri Gadkari talked about the crucial role of Infrastructure in the growth and prosperity of countries. He highlighted the seamless opportunities to expand the infrastructure partnership between India and Australia.
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