Indian infra sector
Australian companies are entering into India’s large and diversified infrastructure sector with a focus on the Centre’s smart cities project. More than 40 infrastructure companies recently visited the country as part of Australia Business Week in India (ABWI), looking for investment opportunities and partnerships with domestic players. As a matter of fact, Australia is now looking beyond the traditional markets to grow its presence in India. The smart cities project is among those that Australian companies are exploring in India, Grayson Perry, Trade Commissioner, Australian Trade & Investment Commission, said that they are looking at the smart cities project where multinational agencies like World Bank, ADB, and sovereign funds like JIACA, KFW and others are investing as they are backed by more transparent financing methods and players are exploring partnerships with big players like the Tatas and Shapoorji Pallonji.