Australian pension funds interested in India if even-playing field is available: Philip Green, High Commissioner of Australia to India
Australian High Commissioner Philip Green stated that Australian pension funds are eager to invest in India but are deterred by unfavorable tax treatment compared to competitors like Singapore. He emphasized that creating a level playing field is essential for attracting these large-scale institutional investments.
Why it matters
Tax policy adjustments could unlock significant foreign capital for India's infrastructure and growth projects, strengthening Indo-Australian economic ties.
Australian pension funds are interested in India’s growth, evaluating projects against global allocations and demanding a level playing field, indicated, Philip Green High Commissioner of Australia to India, in an exclusive conversation with The Hindu.
The article presents the diplomatic and economic perspective of a foreign official regarding trade policy.
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