Piyush Goyal is leading a delegation to deliberate with Australia.
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
Budget smartphones will rule the market in 2015.
Modi had also said recently that there is a need to administer "bitter medicine" to revive the ailing economy.
Mayer stressed on the transformation of the firm from a technology company to a media, news, entertainment and advertising platform utilising products focusing on search, communications, digital and videos.
According to Indian government data, micro, small and medium enterprises accounts for about 45 per cent of the manufacturing output of the country and 40 per cent of the total exports.
According to Indian government data, micro, small and medium enterprises accounts for about 45 per cent of the manufacturing output of the country and 40 per cent of the total exports.