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2 months ago General
In India, we are building a robust manufacturing ecosystem for hydro projects, green hydrogen, solar modules, and wind turbines. India has set an ambitious target of achieving 500 GW of renewable energy capacity by 2030 and net-zero emissions by 2070. Australia's technology, capital, and natural resources can help accelerate this transition. A few months ago, India opened its nuclear sector to private companies through the SHANTI Act. We have set a target of achieving 100 GW of nuclear power capacity by 2047. Australia's vast uranium reserves are directly aligned with India's nuclear energy journey, creating a historic opportunity to deepen cooperation in this sector. India also offers immense opportunities for Australia's long-term investors in ports, airports, roads, railways, and urban infrastructure. Today, India is building nearly 34 kilometres of national highways every day, while more than 8 kilometres of railway tracks are being laid daily. This is a powerful combination of scale, speed, and stability: PM Narendra Modi
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