Australian agricultural exports to India surged by 50% in the first year of the Australia-India Economic Cooperation and Trade Agreement (ECTA), showcasing the transformative impact of the bilateral trade deal.
Highlighting opportunities in the growing India market, Peter Breguet, Senior Manager of Trade and Market Access at Grains Australia, shared insights during the India Market Update Roadshow.
Austrade’s John Southwell and Munish Sharma provided expert guidance on exporting diverse products, from grains, wool, and cotton to wine, seafood, and sheep meat, while offering a snapshot of India’s commercial landscape.
The roadshow also included updates on market access challenges from the Department of Agriculture, Fisheries and Forestry and insights into the Comprehensive Economic Cooperation Agreement (CECA) negotiations from the Department of Foreign Affairs and Trade.
Industry leaders representing the Australian Cotton Shippers Association, Grains Australia, Wine Australia, and Meat & Livestock Australia, among others, outlined strategies to help exporters navigate tariff and non-tariff barriers in India.
Despite the challenges, participants noted that the Indian market holds vast potential. “The pay-off is worthwhile,” said one industry representative, underscoring the opportunities for Australian exporters in one of the world’s fastest-growing economies.
The event, organised by Austrade, brought together over 100 Australian agrifood exporters and industry leaders for eight sector-specific sessions across three weeks. The roadshow marked a milestone in strengthening Australia-India agrifood trade ties, with the ECTA paving the way for even deeper collaboration.
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