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Hope to finalise agreement with Australian for joint production in audio-visual services
"We can help Australia by bringing UPI (unified payments interface) to Australia ...We can help bring online education... Innovation, joint research, and joint standards so that we can make world-class products in India for the world. That's What we are looking at engaging with them," Goyal said.
Commerce and Industry Minister Piyush Goyal on Thursday said negotiations with Australia are on for a joint production partnership in the audio-visual services, and an agreement to that effect is expected to be finalised. Australia has technologies and equipment, and India has skilled manpower to increase cooperation in the sector, the minister added.
"We are looking at a joint production partnership in audiovisual services. So, we are negotiating and hope to finalise an agreement to do joint production. Today the big cost of movies is made at billions of dollars. India has the skills and the manpower who can do it. Can we do joint production so that we can reach out to the world," he told .
When asked about attracting investments, the minister said he has met senior leadership of Australia's Macquarie and discussed their successes in India.
Australia has a huge investible surplus with their sovereign and pensions and they look for avenues to do investments, he said
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