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Economy News

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(29 Dec 2025, 15:22)

All Australian tariff lines to go zero-duty for Indian exports from January 1: Piyush Goyal


Commerce and Industry Minister Piyush Goyal said all Australian tariff lines for Indian exports will become zero-duty from January 1, opening new opportunities for labour-intensive sectors.

Marking three years of the India-Australia Economic Cooperation & Trade Agreement (Ind-Aus ECTA), he said the pact has boosted exports, expanded market access, and strengthened supply chains.

India’s exports to Australia rose 8% in 2024-25, improving the trade balance, with strong growth across manufacturing, chemicals, textiles, pharmaceuticals, petroleum products, and gems and jewellery.

Gems and jewellery exports rose 16% between April and November, while agri-exports saw broad-based growth, led by fruits, vegetables, marine products, spices, and coffee.


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