Australian Consulate General in Mumbai Paul Murphy termed India-Aus trade as `two-way street`
On India-Australia trade relations, Australian Consulate General in Mumbai Paul Murphy said, “We see trade as a two-way street. We see the complementarity between the Indian economy and the Australian economy... India is investing a lot in its capacity to produce solar panels, and we want to be part of that supply chain. We are actually the world's largest source of Lithium. So we want to play a part in the transformation of India's automotive sector when it moves to EVs… When Prime Minister Modi was in Australia, he signed an energy partnership with Australia. This covers the fact that we import 10 % of our refined fuel from India. We export coal; we're planning to export uranium. It is very much a two-way street.”
