CII director general: Indian industry has good reason to celebrate India’s string of trade agreements
The India-Australia Economic Cooperation and Trade Agreement (ECTA), India’s first trade pact with a developed economy in over a decade, has produced similarly encouraging results. India’s exports to Australia grew by 8% in 2024-25, with gains spread across manufacturing, pharmaceuticals, chemicals, textiles, agriculture and gems and jewellery. This deal provides Indian exporters with preferential access across virtually all Australian tariff lines, offering a huge opportunity for Indian industry, especially in labour-intensive sectors.
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