Monday, November 7

India's Population Forecast Means it will Look to Australia for Raw Materials to Fill Consumer Demands

A HUGE demand for electricity in India is sparking a billion-dollar shopping spree in Queensland.   
India's urban population is forecast to rise from 340 million to 590 million in the next 20 years and that will mean it will come looking to Australia for the raw materials to fill consumer demands.

The target is Queensland mining companies, particular the coalminers who can supply the booming Indian and Chinese consumers with the raw product that fires power stations.

But the pay day comes with concerns about foreign workforces


The Courier Mail

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