Melbourne: Leading Indian industrialists today lauded Prime Minister Narendra Modi's maiden Australia visit, saying it will boost economic partnership between the two countries and help stimulate bilateral trade.
Infosys Chairman Vishal Sikka, who was part of the Modi's CEO delegation to Australia, termed the visit a phenomenal success and said that India-Australia relationship is going to be the best ever after this visit.
"There is tremendous amount of energy. There is nearly a palpable sense of excitement," said Sikka.
Chairman of one of the India's biggest BPO, Sikka said there was a huge potential of trade in the fields of education, knowledge and digital technologies.
"Modi has talked about Digital India, so I expect all the work we do for Digital India can be applied, with some differences, in digital Australia and other parts of the world," he said.
Anand Mahindra, Chairman and Managing Director of Mahindra and Mahindra Group, who attended the CEO round-table meet yesterday along with other high profile business leaders at the government house in Melbourne, said that if Modi's initiative of 'Make in India' succeeds, there would be immense potential of doing business with Australia as India would require raw materials on a massive scale.
"If the 'Make in India' initiative succeeds, we will need raw materials on a scale that has not been visioned before," Anand Mahindra told PTI, adding that Australia can become part of it, as supply chain is the obvious relationship we share".
He lauded Modi's visit to Australia and said that Australia and India shared many commonalities and it was astonishing that no Prime Minister had visited the country in the last 28 years.
"It is astonishing that no Prime Minister has visited Australia in the last 28 years," he said, adding that the first commonality which the two countries shared was the geo- political convergence.
"We share the same liberal values and culture and therefore security of this region has to be the top of the agenda," Mahindra said.
Mahindra was all-praise for Modi's stint at Delhi till date, saying, "I have anecdotal and real experience where licences and permissions for some of our businesses were held up for no other reason other than bureaucracy. After the new government came into power, every roadblock was removed."