Australia India Business Exchange
From October 2019 the Australian Government will roll out the Australia
India Business Exchange program of events. This multi-month program will
deepen Australia’s trade, investment, education and tourism relations with
The opportunities for Australian business in India are growing quickly. The
India Economic Strategy to 2035 report sets out how Australia can benefit from India’s emergence as an economic superpower.
response, the Australian Government recognises that:
‘India is currently the sixth largest economy in the world and … one of
the fastest growing. It is projected to become the world’s third
largest economy by 2035.’
The Australia India Business Exchange program will include two-way
ministerial visits, business missions, and a range of trade shows and
commercial conferences. The program will focus on four priority sectors –
education, agribusiness, resources and tourism – and also support
initiatives in food and wine, energy, health, financial services,
infrastructure, sport, and science and innovation.
The high point of the program will be a major business mission to India in
The Australia India Business Exchange program will be a true exchange that includes all levels of government as well as
representatives from business and education, together with our Indian
partners. A full list of events will be available soon.
For further market detail visit Austrade’s India market profile.
Why Australia India Business Exchange?
Over the next 20 years, India’s fast-growing economy will trigger increased
demand for Australian goods and services. This creates fresh opportunities
for Australian agribusinesses, education providers, resources companies and
tourism industry. The healthcare, energy, financial services,
infrastructure, sports, and science and innovation sectors will also find
fast-growing markets in India.
In response, the Australian Government is
committed to transforming Australia's economic partnership with India
between now and 2035. Goals include lifting India into its top three export
markets and making India the third largest destination in Asia for outward
Australia is well positioned to benefit from India’s growth.
India was Australia’s eighth largest trading partner in 2018-19. In 2018,
bilateral goods and services trade was worth A$29.1 billion, with
Australian exports valued at A$21.1 billion. In 2018, Indian investment in
Australia stood at A$15.5 billion, while total Australian investment in
India is now worth over A$13.9 billion.