India's exports to Australia grew by 8% in FY 2024-25: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Monday said that as the Comprehensive Economic Cooperation Agreement (CECA) negotiations advance with other nations, India-Australia trade pact continues to anchor the country’s economic engagement in the Indo-Pacific, aligned with ‘Make in India’ and the vision of ‘Viksit Bharat 2047’. From January 1, 2026, 100 per cent Australian tariff lines will be zero-duty for Indian exports, unlocking fresh opportunities for labour-intensive sectors, Goyal informed. On the third anniversary of the India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA), the minister said that we are celebrating a partnership that has translated intent into impact. “Together, India and Australia are building a future of shared prosperity and trusted trade,” Goyal posted on X social media platform.

As we mark the 3rd anniversary of the India-Australia Economic Cooperation & Trade Agreement (Ind-Aus ECTA), we celebrate a partnership that has translated intent into impact.

Over the past three years, the Agreement has delivered sustained export growth, deeper market access,… pic.twitter.com/uV6ILiOdq2

— Piyush Goyal (@PiyushGoyal) December 29, 2025

India’s total exports of goods and services surged to a record high of $418.91 billion during April–September 2025 of the current financial year to register a 5.86 per cent annual increase as the strong momentum of the previous financial year, that ended on March 31, continued into the new fiscal year.