Prime Minister Narendra Modi on Tuesday met the Australian business leaders Gina Rinehart, John Andrew Henry Forrest and Paul Schroder in Sydney.

Georgina Hope Rinehart is an Australian billionaire mining magnate and businesswoman and the executive chairman of Hancock Prospecting.

“Fostering India-Australia collaboration in the mining and minerals sector. PM Narendra Modi held a meeting with Georgina Hope Rinehart, Executive Chairman of Hancock Prospecting Group, Roy Hill and S. Kidman & Co, in Sydney,” external affairs ministry spokesperson Arindam Bagchi tweeted shortly after their meeting.

“The potential for our two countries is huge. In the last less than 5 years under Modi, your economy has grown to $3.5 trillion and the plan for the next 25 years is to grow to $32 trillion. The growth recently is huge. The growth in the future is going to be huge. Australia really needs to work harder to develop its relations with India,” Rinehart said.

“He came into office with an important mantra which was ‘from red tape to red carpet’. Cut approvals, regulations, so you can welcome investment and that is what he has done and wants to do for his country,” she further added while speaking to news agencies.