PM Narendra Modi visited Australia at the invitation of PM Anthony Albanese, where he received a ceremonial welcome and met the Governor of Victoria, Margaret Gardner AC in Melbourne.
Both leaders addressed the Australia-India CEOs Forum (established in 2012, relaunched in 2023). AustralianSuper, the largest pension fund of Australia, pledged an investment of AUD 500 million in the National Investment and Infrastructure Fund (NIIF) of India, raising its total investment in the country to AUD 3.3 billion.
The two nations launched the Australia-India Partnership on Cyber, Critical Technologies, and Supply Chains (PACTS), replacing the 2020 Framework Arrangement on Cyber and Cyber Enabled Critical Technology Cooperation. PACTS is based on 5 pillars: supply chain resilience, critical technology, cybersecurity, digital resilience, and defence research and collaboration.
India and Australia finalized the Administrative Arrangement of the India-Australia Civil Nuclear Agreement (signed in 2014) and signed a Joint Declaration on Defence and Security Cooperation (JDDSC), replacing the 2009 joint declaration on security.
Australia also announced the voluntary repatriation of 3 Indian artefacts: an 11th-12th century granite Nandi sculpture, an 11th-century bronze trident of Goddess Bhadrakali, and a 12th-century basalt sculpture of a six-headed Skanda (Karttikeya).