Modi at Australia-India CEO Forum: Invites businesses to join India's growth push
Synopsis
Key Takeaways
Prime Minister Narendra Modi on 9 July extended a direct invitation to Australian businesses to partner in India's growth story, addressing the Australia-India CEO Forum in Melbourne alongside Australian Prime Minister Anthony Albanese. The forum brought together leading business figures from both nations to deepen economic and investment ties across key sectors.
What Modi Said at the Forum
Speaking at the CEO Forum, Modi highlighted India's strong economic growth, its reform-driven business environment, and an expanding innovation ecosystem. He specifically called on Australian businesses to engage across sectors including manufacturing, clean energy, critical minerals, AI, fintech, infrastructure, and the digital economy. According to the Ministry of External Affairs (MEA), Modi noted that 'India's scale and Australia's expertise make for a win-win partnership.'
The Economic Roadmap Reception
Modi also addressed the Economic Roadmap Business Reception held during the forum, greeting business leaders from both countries. He described the two nations as 'natural and trusted partners' amid global uncertainty, and urged deeper collaboration across sectors ranging from clean energy and infrastructure to artificial intelligence and education. He said the presence of business leaders at the reception reflected the 'shared confidence and aspirations' of India and Australia.
About the CEO Forum
The Australia-India CEO Forum has been active since 2012 and was relaunched in 2023 by Modi and Albanese. The forum meets annually and provides direct counsel to heads of government on strategies to enhance economic prosperity for both countries. Throughout the year, it convenes across a range of events focused on strengthening bilateral relations.
Why This Matters
The forum is expected to accelerate implementation of Australia-India collaboration in trade and investment. This comes as India positions itself as a preferred destination for global capital amid supply-chain diversification away from China — a trend in which Australia, with its critical minerals reserves and advanced services sector, is a strategically significant partner. Notably, the relaunched forum in 2023 signalled a step-up in bilateral ambition, and this Melbourne edition reinforces that trajectory.