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Indian exports to Australia will get a big boost with the implementation of zero duty on 100% Australian tariff lines under the India-Australia Economic Cooperation and Trade Agreement (ECTA) from January 1, 2026.
Commerce and Industry Minister Piyush Goyal said the move will open up new opportunities for India’s labour-intensive sectors, as the two countries celebrated the third anniversary of the bilateral trade agreement.
“Over the past three years, the agreement has delivered sustained export growth, deeper market access and stronger supply-chain resilience, benefiting Indian exporters, MSMEs, farmers and workers alike,” Goyal wrote on Twitter.
According to the minister, the agreement particularly benefited sectors like manufacturing, chemicals, textiles, plastics, pharmaceuticals, petroleum products and gems and jewellery. This includes a 16% growth in gems and jewelery exports from April to November 2025.
According to official data, India’s exports to Australia grew by 8% in FY 2024-25, helping improve India’s overall trade balance with the country.
ECTA, which comes into force in December 2022, aims to deepen trade and investment ties between India and Australia by progressively eliminating tariffs, simplifying market access and supporting supply chain integration.
This comes at a time when India is increasingly trying to diversify export destinations following strain in relations with the US, India’s largest trading partner, under the Trump administration. India is paying 50% tariff on exports to the US from August 27, 2025.
Read also, FTA will open foreign doors for Indian CAs, doctors, architects: Commerce Secretary
(edited by : Tenzin Norzom,