Canberra: Prime Minister Narendra Modi is in Melbourne for the last leg of his Australian tour where he held a meeting with the country's CEOs. During the meeting, Modi assured the business community that his government is working towards reviving the economy.
"My government is actively working to revive economy. Our greatest strength is that 65 per cent of population is below the age of 35. We are particularly promoting labour intensive manufacturing. We need highways and we need I-ways too, when I say I-ways, it means Information ways. Development process should develop with the progress of the people," he said.
Earlier on Tuesday morning, Modi addressed the Parliament in Canberra where he called Australia a crucial partner in India's progress. He also regretted that it took 28 years for an Indian PM to visit Australia. PM Modi also pitched the 'Make In India' initiative to Australia Parliamentarians.
Modi also held bilateral talks with Abbott where 5 MoUs on social security, transfer of sentenced prisoners, combating narcotics trade, tourism and arts & culture were signed.
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