2.30 pm (IST): Modi promised visa on arrival for Australians as he concluded his hour-long speech at the packed Allphones Arena in Sydney.
2.15 pm (IST): India has the work force required for the whole world. But that will be incomplete without skill development, says Modi.
"We will map the world to figure by 2020 which country has what requirement in human resources," says Modi.
2.09 pm (IST): "It is India's responsibility to offer a good quality of life for the managerial executives of companies for them to invest in India," says Modi, speaking about his 'Make in India' campaign.
The Indian PM spoke about the need for overhauling Indian railways, calling for technological upgrade and human resource expansion.
2.00 pm (IST): Modi urges Indians in Australia to contribute to the villages where they are orignally from. He pushed the Swachh Bharat Mission and the importance of building toilets.
1.53 pm: Modi pushes his pet project 'Jan Dhan Yojana' citing that he wants that every one should have a bank account.
"I told the Reserve Bank of India to implement the project but they said it would take three years. Then I asked the Finance Ministry. They said they will do it in two years. Then I called PMO office members, and they said it will take one year," Modi said in
"But I announced that this will be done in 150 days and announced it from the Red Fort," Modi said, referring to his Independence Day speech.
"71 million bank accounts have been opened in the last ten weeks and 5,000 crore rupees have been deposited," Modi said.
1.49 pm (IST): "I am aware that all the Indians living in Australia were connected to the elections in India, and were waiting for the results," says PM Modi, who won the general elections in May this year.
"For them, the elections were linked to the future of the country, they had only one voice in their hearts 'Bharat Mata ki Jay'".
1.35 pm (IST) : "Both India and Australia cannot live without cricket. Both countries share the values of democracy", Modi said.
Sydney is a beautiful city. Australia is a beautiful Country. We are also bound by the bond of cricket: PM @narendramodi
— PMO India (@PMOIndia) November 17, 2014
1.34 pm (IST): "It took the Indian Prime Minister 28 years to come to Australia. But I assure all Indians living in Australia that you will not have to wait for 28 years again," Modi said to a loud cheer from the Indian community.
1.22 pm (IST): Modi begins much-awaited address at the Allphones Arena.
"This sight in Sydney is moving the whole of India", Modi said, as he invoked Swami Vivekanada.
"Swami Vivekanda had told Indians 50 years before Independence to forget gods and goddessess and instead pray to Bharat Mata. India became Indpendent exactly 50 years later," Modi said.
"I am the first prime minister of India who was born in Independent India", he said.
"We did not have the fortune to be part of the Independence movement. We could not die for the country, but since we have been born after the independence, we can at least live for the country," he said.
1.18 pm (IST): PM Modi received a resounding welcome by the 16,000 plus audience at the Allphones Arena as he took to the stage.
1.00 pm: Former Australian cricketer Brett Lee took to the stage at the Allphones Arena ahead of Modi's speech, greeting the Indian diaspora with 'Namaste' and 'Kem Cho'.
12.30 pm (IST): PM Modi met New South Wales Premier Mike Baird.
"What I sense is that you bring great hope; the relationship is on the cusp of something big," Premier Baird told Modi, as tweeted by MEA spokesperson Syed Akbaruddin.
Watch Modi's Address at Allphones Arena in Sydney here.
12.14 pm (IST): Here are some interesting headlines about Modi's 'rockstar' arrival in Sydney as reported in the foreign media.
'India's rock star PM Narendra Modi to speak in front of 16,000 supporters in Sydney', news.com.au reported.
'Modi Moves Like Jagger as India Diaspora Flocks to Sydney Speech', Bloomberg reported, in a reference to the iconic Rolling Stones band that had performed at the iconic venue last week.
'Narendra Modi express rolls into Sydney, bringing excited supporters', The Guardian said, referring to the special train dubbed as the 'Modi Express that brought hundreds of Indian-Australians from Melbourne to Sydney.
11.55 am (IST): Prime Minister Narendra Modi has arrived at the Allphones Arena for his address with the Indian diaspora, as per a tweet by PMO India.
It's a rush for selfies and autographs at the Allphones arena. PM @narendramodi is at the venue. pic.twitter.com/AtdWl0rPux
— PMO India (@PMOIndia) November 17, 2014
11.50 am (IST): The program has begun at the Allphones Arena with Indian cultural performances.
After making a splash in Brisbane at the two-day G20 Summit, Prime Minister Narendra Modi has arrived in Sydney for the second leg of his Australia visit, and is set to address the Indian community at the Allphones Arena.
Thank you Brisbane. Leaving for Sydney. Looking forward to the Indian community programme," Modi tweeted on Monday as he left Brisbane.
About 20,000 Indians are expected to pack the venue and comparisons are already being drawn to Modi's resounding address at the Madison Square Garden in New York. BJP leader Ram Madhav is reportedly overseeing the event.
"Sydney event at Allphones Arena speech to start 1830 hrs which is 1400 hrs IST," Ministry of External Affairs spokesperson Syed Akbaruddin tweeted.
Modi was greeted in Sydney by the traditional performances and was even gifted the trademark Australian boomerang.
"Amazing welcome in Sydney. Glad to be here," the Indian Prime Minister tweeted.
PM Modi gets the boomerang as a gift upon arrival at Sydney.MEA Spokesperson Twitter Account 
PM Modi gets a traditional welcome in Sydney.MEA Spokesperson Twitter Account 
Allphones Arena in Sydney gets ready for Modi's addressMEA Spokesperson Twitter Account 
New South Wales Premier Mr. Mike Baird meets the PM.PMO India Twitter
The organisers have set up big screens outside the iconic sporting venue for about 5,000 additional Indo-Australians to watch Modi's speech, IANS reported.
"I am so excited over attending Modiji's function that I did not sleep last night," Narinder Sharma, an Australian resident, told IANS.
In a much-publicised event, more than 200 Indians boarded the special train dubbed the 'Modi Express' from Melbourne to Sydney on Sunday, and an Australian Minister ceremoniously flagged it off.
Local media are also reporting on the "Modi mania".
"India's political rock star Narendra Modi is coming to town and hundreds of millions will be watching us. The city will get a dose of Modi-mania on Monday when the Indian Prime Minister makes a quick-fire, high-energy visit," reported The Sydney Morning Herald.
