{"id":1299619,"date":"2025-08-31T19:18:48","date_gmt":"2025-08-31T13:48:48","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1299619"},"modified":"2025-08-31T19:19:49","modified_gmt":"2025-08-31T13:49:49","slug":"india-will-build-10-lakh-homes-in-australia-by-deploying-indian-workers-at-50-billion-expense","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/india-will-build-10-lakh-homes-in-australia-by-deploying-indian-workers-at-50-billion-expense\/","title":{"rendered":"India Will Build 10 Lakh Homes In Australia By Deploying Indian Workers At $50 Billion Expense"},"content":{"rendered":"\n

Union Commerce and Industry Minister Piyush Goyal revealed that India is in \u201cdeep negotiations\u201d with Australia to construct 1 million homes<\/strong>, a project estimated at $500 billion<\/strong>. Speaking at a CII event in Mumbai, he said India has also reached out to the UAE for potential funding support.<\/p>\n\n\n\n

\"India<\/figure>\n\n\n\n

Training Indian Workers in Australia<\/h2>\n\n\n\n

According to Goyal, the proposal involves training Indian workers in Australia<\/strong> to acquire the necessary skills and certifications to meet local housing standards. This move could not only help address Australia\u2019s housing shortage but also create a new pathway for skilled Indian workers to gain international experience.<\/p>\n\n\n\n

Housing Crisis in Australia<\/h2>\n\n\n\n

Australia is currently grappling with a significant housing shortage, with demand far outstripping supply due to high property prices<\/a>. Housing affordability was a major issue during the country\u2019s recent national elections. The proposed India-Australia collaboration aims to bridge this gap while opening up large-scale employment and trade opportunities.<\/p>\n\n\n\n

UAE Partnership for Financing<\/h2>\n\n\n\n

Goyal added that India has also initiated discussions with the United Arab Emirates (UAE)<\/strong> to co-finance the massive housing project. He emphasized that such global opportunities are rare and must be seized promptly, warning that missing out would be India\u2019s loss.<\/p>\n\n\n\n

Expanding Trade Horizons<\/h2>\n\n\n\n

The minister also touched upon India\u2019s free trade negotiations<\/strong> with multiple nations. Talks with Australia are ongoing, alongside efforts with the United States, Oman, New Zealand, and the European Union<\/strong>. He noted that an India-EU trade pact could be concluded by year-end, potentially unlocking access to the $17 trillion EU market.<\/p>\n\n\n\n

India\u2019s Strategy Amid US Tariffs<\/h2>\n\n\n\n

Despite facing a 50% tariff from the US<\/strong> on Indian goods, Goyal assured that India would remain undeterred, focusing on new markets and aiming for exports over $825 billion in FY25<\/strong>. Engagements with countries like Chile, Peru, South Africa, and Eastern Europe are also being fast-tracked.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The proposed Australia housing project highlights India\u2019s growing role as a global solutions partner<\/strong>\u2014combining manpower, skills, and financing partnerships. If finalized, this venture could mark one of India\u2019s most significant overseas collaborations, while boosting employment and trade.<\/p>\n\n\n\n

Image Source<\/a><\/p>\n\n\n\n

\n\n\n\n

<\/h3>\n","protected":false},"excerpt":{"rendered":"

Union Commerce and Industry Minister Piyush Goyal revealed that India is in \u201cdeep negotiations\u201d with Australia to construct 1 million homes, a project estimated at $500 billion. Speaking at a CII event in Mumbai, he said India has also reached out to the UAE for potential funding support. Training Indian Workers in Australia According to […]<\/p>\n","protected":false},"author":30,"featured_media":1299623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[312,381,8592],"class_list":["post-1299619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-australia","tag-india","tag-workers"],"acf":[],"yoast_head":"\nIndia Will Build 10 Lakh Homes In Australia By Deploying Indian Workers At $50 Billion Expense - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/india-will-build-10-lakh-homes-in-australia-by-deploying-indian-workers-at-50-billion-expense\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India Will Build 10 Lakh Homes In Australia By Deploying Indian Workers At $50 Billion Expense - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"Union Commerce and Industry Minister Piyush Goyal revealed that India is in \u201cdeep negotiations\u201d with Australia to construct 1 million homes, a project estimated at $500 billion. 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