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India-Australia Biz Guide Charts Course to $100 Billion Trade Partnership

India and Australia have launched a business case study compendium to deepen economic ties and target a $100 billion trade partnership. The document, developed by IIFT and Newland Global Group, provides a practical roadmap based on the experiences of 30 organizations operating in both markets. Officials highlighted its role in translating the existing trade agreement into real opportunities for business growth and collaboration. The initiative aims to bridge research and practice, strengthening the strategic relationship between the two nations.

Key Points: India-Australia $100B Trade Partnership Guide Launched

  • 30 business case studies guide
  • Aims for $100B trade partnership
  • Supports ECTA trade agreement gains
  • Bridges academia, government & industry
2 min read

New compendium highlights path to $100 billion India-Australia trade partnership

New compendium details 30 business case studies to boost India-Australia trade, aiming for a $100 billion partnership.

"evidence-based proof of how the trade agreement has translated into real opportunities - Commerce Secretary Rajesh Agrawal"

New Delhi, February 6

India and Australia have taken a significant step towards deepening their economic ties with the launch of a new business case study compendium. Titled "Pitch Perfect Australia-India: Perfect Conditions for a $100 Billion Partnership," the document was released at the Indian Institute of Foreign Trade in Delhi. The publication serves as a practical guide for companies looking to navigate the markets of both nations.

According to the statement released by the Ministry of Commerce & Industry, compendium was developed through a partnership between IIFT and the Newland Global Group. It documents the real-world experiences of 30 different organisations that have successfully operated across both borders. By capturing these business journeys, the report aims to provide a roadmap for future growth and collaboration between the two countries.

During the launch, Commerce Secretary Rajesh Agrawal praised the initiative for its practical value. He stated that the studies provide "evidence-based" proof of "how the trade agreement has translated into real opportunities." He noted that such documentation is essential for businesses to use the current trade environment for their "growth" and will help in "strengthening and enhancing the gains" of the existing Economic Cooperation and Trade Agreement (ECTA).

Australian High Commissioner to India, Philip Green OAM, also welcomed the initiative. He emphasised that platforms bringing together "academia, government, and industry" are critical for maintaining a "strong strategic relationship" between the two nations. His comments were echoed by Joint Secretary Petal Dhillon, who noted that research-driven insights are vital for the "enhanced utilisation" of trade agreements.

The Vice Chancellor of IIFT, Prof Rakesh Mohan Joshi, highlighted the educational importance of the project. He explained that turning real business experiences into "learning resources" helps bridge the gap between "research and practice." This approach supports India's goal of expanding its footprint in the global trade arena.

The event concluded with a panel discussion featuring leaders from government and industry. Many attendees, including Ambassador Anil Wadhwa, agreed that the compendium is a "meaningful step" toward stronger economic engagement.

- ANI

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Reader Comments

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Priya S
$100 billion is an ambitious target! 🇮🇳🤝🇦🇺 While the intent is good, I hope the focus isn't just on large corporations. True partnership strength comes from diversifying trade—agriculture, tech services, education, and even cultural exports. Let's ensure benefits reach a wide base.
R
Rohit P
As someone who works in exports, documentation like this is a game-changer. Navigating regulations and understanding market nuances is half the battle. Kudos to IIFT and the team. Now, the government should organize workshops based on this in industrial clusters like Ludhiana, Coimbatore, and Surat.
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Sarah B
A respectful critique: While these high-level compendiums are useful, the real challenge for many businesses is on-ground logistics, payment delays, and visa issues for staff. I hope future editions or follow-ups address these practical hurdles with actionable solutions, not just success stories.
V
Vikram M
Australia is a key partner in the Indo-Pacific. Strengthening economic ties has strategic importance beyond just trade numbers. Good to see academia and industry coming together. This is how we build long-term, resilient partnerships. Jai Hind!
K
Kavya N
Hope this includes case studies from the services sector, especially IT and healthcare. That's where India has a massive talent pool. Also, easier mobility for professionals under the trade agreement would be a win-win for both economies.

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