Narendra Modi’s visit to Australia in November 2014 was the first for an Indian Prime Minister in almost three decades and promised much. Modi declared that Australia was no longer on the ‘periphery’ of New Delhi’s ‘vision’, ‘but at the centre of our thoughts’. He pledged to work with Canberra at the G20 and regional multilateral forums, deepen the bilateral security partnership, and conclude a free trade deal. These promises were only partly realised. Progress was made in defence and security cooperation, within and outside the Quad, but a free trade deal proved too hard. Canberra struggled to maintain momentum in improving ties because of leadership challenges in Australian government and New Delhi’s preference for protectionism. This article examines these dynamics, looking back at the drivers of the strategic partnership, as well as at the challenges encountered in the Modi era.