ROYAL TRAVELS NEWS.

Australia needs to focus on education and tourism if it wants to take full advantage of India's widely expected rise to a global economic powerhouse.
As Australia looks to hitch itself to another rising Asian superpower, economists warn it needs to look beyond its traditional strengths in the mining sector.
After successfully reaching trade deals with China, Japan and Korea, the federal government is hoping to secure a free trade agreement with India by the end of 2015.A deal with India could have major implications for the Australian economy down the track, especially given the International Monetary Fund expects India to grow at a faster rate than China in 2015.

But if Australia wants to take full advantage of India's widely expected transition into a global economic powerhouse, education and tourism may well be the key, rather than iron ore.
The country should focus on making its services sector, in particular tourism and education, as competitive as possible, Credit Suisse Australia chief investment strategist David McDonald said.

"We have to focus more on some of these future growth industries ... because that's where a lot of the jobs growth is going to be," he told AAP.

The resources sector would still likely benefit from rapid growth in India, though energy companies stand to be the major winners as India itself is a major iron ore producer.