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India’s archaic labour laws, some of which date back to 1923, are seen as an impediment to manufacturing.
Australia has placed great premium on closer ties with China and India over the last few years.
Pretoria and New Delhi are also implementing a series of development projects under the IBSA Fund in Palestine.
Authorities have so far evacuated over 400,000 people from the coastal areas of the two states to be hit by the typhoon.
The cyclone is expected to make landfall near the port city of Visakhapatnam in Andhra Pradesh by Sunday noon.
20,000 Indian civilians have fled their homes owing to the fighting in border areas.
BRICS member, Brazil will also be covered, at a later stage, by the reciprocal arrangements.
A India-US Group will address implementation issues to deployment of US origin nuclear reactors in India.
Indian Prime Minister Narendra Modi has met US President Barack Obama in Washington in an informal dinner on Monday.
Modi hit back at criticism over India’s blocking of a global trade deal.