Sydney: Australia's Prime Minister Anthony Albanese on Wednesday announced the opening of the new Australian Consulate General in an Indian city, Bangalore, and said that this will help in connecting the country's businesses to India's booming digital and innovation ecosystem.

Addressing a joint press conference in Sydney, Australia, PM Albanese said, "I'm pleased to announce the establishment of a new Australian Consulate General in Bangalore, which will help connect Australian businesses to India's booming digital and innovation ecosystem. And I welcome India's plans for a consulate general in Brisbane."

"The Bangalore establishment will be the fifth diplomatic presence that is there in India from Australia. I want to thank you again, Prime Minister Modi for visiting and receiving such a warm welcome here. And I look forward to returning to India in September for the G20 leaders summit," he added.

After exchanging the MoUs on mobility, migration, and green hydrogen task force, PM Modi and the Australian PM addressed the press conference in Australia.

The Australian PM also spoke about his meeting with PM Modi in a year. He said that this is the sixth meeting with PM Modi in a year.

He also talked about the Quad Summit, which took place in Japan's Hiroshima on the sidelines of the Group of Seven or G7 Summit.

The Australian PM reiterated the Quad Summit statement and said, "Quad leaders stand together for an open, stable, secure, and prosperous Indo-Pacific region. A region where sovereignty is respected and all countries large and small benefit from a regional balance that keeps the peace. This is my 6th meeting with prime minister Modi in one year."

"My visit to India in March for the Australia India Annual Leaders' Summit focused on the key pillars of our relationship trade, investment and business cooperation, defence and security cooperation, climate and energy cooperation, and of course, people-to-people links," Albanese added.

He further stated that, in today's bilateral meeting, both the leaders further built on those pillars. They reiterated the shared ambition for an early conclusion of the Australia-India Comprehensive Economic Cooperation Agreement later this year.

Prime Minister Modi and PM Albanese are pleased to have just witnessed the exchange of the Australia-India Migration and Mobility Partnership Agreement.

"This arrangement will promote the exchange of students, graduates, researchers and business people, expand our people-to-people ties, and enhance cooperation in preventing people," he added.

"The Task Force will comprise Australian and Indian experts in renewable hydrogen and report to the Australian Indian Ministerial Energy Dialogue on the opportunities which are there for Australia and India to cooperate in this important area of renewable hydrogen," the Australian PM said.

"Investments like the Task Force will help power our industries in the future and ensure that Australia and India meet our energy targets in the interests of both our respective countries, but also in support of the reduction of global emissions," he added.