An Update to the India Economic Strategy to 2035: Navigating from Potential to Delivery
An India Economic Strategy to 2035: Navigating from Potential to Delivery (IES) was presented as an independent report to the Australian Government in 2018 as a roadmap to deepen economic integration with India. The IES persuasively argued that no country would offer more growth opportunities for Australian businesses than India over the coming decades.
This Update to the IES represents a five-year action plan for the Australian Government that responds to the evolving opportunities for both countries, changed global circumstances, the growing strength of the bilateral relationship, and key economic reforms in India.
This Update outlines targeted initiatives focused on building our traditional strengths and forging new partnerships in emerging areas of cooperation. It addresses the priority sectors identified by the IES, in addition to new areas of focus and opportunity in technology, space and creative industries. The Update is geared to support businesses in practical ways to make the most of new and existing opportunities.