From 2025, the Australian Government will invest $3.8 million each year to continue the Australia-India Strategic Research Fund.
This investment will continue to strengthen our research collaborations with India in strategic areas like:
- critical minerals
- critical technologies
- new and renewable energy technologies.
These vibrant, emerging areas are increasingly vital for driving Australia's economic prosperity and job creation.
Since 2006, the fund has provided more than $100 million to support over 350 collaborative activities, including joint projects and fellowships. The program objectives are to:
- support collaboration between Australian and Indian researchers in strategically focused, leading-edge scientific research and technology projects
- strengthen strategic alliances between Australian and Indian researchers
- facilitate Australia and India's access to the global science and technology system.
This new investment builds on other Australia-India collaborative initiatives. The Prime Minister has recently announced that Australia will establish:
- a Centre of Excellence for Critical and Emerging Technology Policy in India
- a new Consulate-General in Bengaluru to expand diplomatic ties across India's largest technology, space and IT hub.
Further investment is also set to help Australian businesses tap into India's booming space industry.