SBS Punjabi

Cashing in on the India-Australia free trade deal

SBS Punjabi

Sonia Gandhi of Gandhi Creations (Supplied by Gandhi Creations)

Sonia Gandhi of Gandhi Creations is among those wanting to take advantage of greater export opportunities to India under the free trade deal Source: Supplied


Published 9 May 2022 at 10:37am
Presented by Harleen Kaur
Source: SBS

A trade deal between Australia and India, that was forged after more than a decade of negotiations, will see tariffs eliminated on more than 85 per cent of Australian goods exported to India – rising to 90 per cent over 10 years.


Published 9 May 2022 at 10:37am
Presented by Harleen Kaur
Source: SBS


The deal eliminates more than 85 per cent of tariffs on exports to India.

Economist Bhanu Bhatia from Charles Darwin University says strengthening the trade relationship will reap many benefits.

“There has been tensions that have been increasing China so to stabilise things around our region Australia does need to form other partnerships. Economically, India is a growing market, its’s one of the biggest economies and it’s going to become bigger and bigger. Huge middle class in India and a relatively young population so all of that is going to create huge demand for Australian products and services.” 

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The Australian Bureau of Statistics has just released its latest population data based on country of birth.

In 2021, 29 per cent of Australian residents were born overseas, with English-born migrants accounting for the largest group.

But the number of residents born in India saw the largest increase since 2011.

“It’s great to see that increasing trend because in India traditionally when people thought of migration, especially in terms of skilled migration, they thought of UK, US, Canada,” says Ms Bhatia.

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