August 27, 2013

Asian Century Country Strategy: India


Extracted from the Australian Government's Report: Australia in the Asian Century, Towards 2025, India Country Strategy

Fast Facts:

* India is projected to overtake China as the world's most populous nation by 2028.

* India is Australia's 10th largest trading partner and fifth-largest export market - exports to india were worth $14 billion in 2012.

* In 2012, India became the third-largest economy in the world, following 10 years where growth averaged more than 7 per cent.

* There are currently 450,000 Indians living in Australia.  In 2011-12, India was Australia's largest source of permanent and skilled migrants.

* Indian society is becoming more affluent and more urban.  By 2030 there will be 91 million middle-class, urban households in India, creating significant opportunities for Australian exports, such as education and professional services and niche consumer goods, as well as the travel and tourism industry.

For more information, please download the report.

Download PDF Version of this Article
Related Stories
January 07, 2014

ITC Business Guide on the New Trade Facilitation Agreement

This Agreement is the first major agreement to have been reached since the creation of the WTO almost 20 years ago. [MORE]
January 17, 2014

Australia’s strengths is as an investment destination

The 2014 Austrade Benchmark Report, which presents Australia’s attractiveness as a business and investment destination, was launched by Australian Minister for Trade and Investment, Mr Andrew Robb today. [MORE]
July 01, 2014

Poland - Our Energy, Your Business

Poland - the heart of europe, to be powered by investments in renewables, Europe’s LNG import hub and clean coal. [MORE]
September 17, 2013

Indonesia paves the way for ATA System implementation

As published by the Chamber of Commerce and Industry of Western Australia (Inc), Indonesia is preparing the implementation of the ATA system in Indonesia. [MORE]
September 02, 2013

Asian Century Country Strategy: Japan

The Australian government's report on Australia's partnership and future opportunities with Japan explores the strength of our bilateral trade and investment relationship. [MORE]
September 02, 2013

Asian Century Country Strategy: China

As Australia's largest trading partner, the Asian Century Country Strategy: China report highlights key information and opportunities for the future. [MORE]
August 27, 2013

Asian Century Country Strategy: India

The Australian Government launched the Australia in the Asian Century India Country Strategy on 25th August, highlighting the importance of this economy to Australia. [MORE]
August 12, 2013

Asian Century Country Strategy: South Korea

The Australian government launched the Asian Century Country Strategy for South Korea on August 7th, acknowledging the strong ties and potential to increase two-way investment. [MORE]
August 06, 2013

Asian Century Country Strategy: Indonesia

The Australian Government has released its country strategy on Indonesia stating that "Indonesia is a rising regional power and an emerging global player." [MORE]
August 06, 2013

WTO releases report on future world trade policy challenges

According to the 2013 World Trade Report published by the WTO on 18 July 2013, Director-General Pascal Lamy said: 'One element clearly stands out in the Report, and that is the importance of trade for development". [MORE]
July 09, 2013

Does your business have the ex factor?

The Governor of Victoria Export Awards (GOVEA) is one of the most prestigious business awards in Victoria. Rewarding Victoria’s most successful and innovative exporters with the stamp of international success. [MORE]
July 09, 2013

Over $36 million to expand food exports

Australia will invest more than $36 million in expanding the nation's food products and services exports to increase the value of food exports to Asia and build Australia's reputation as a quality global food provider. [MORE]
July 09, 2013

Europe Welcomes Croatia

Croatia recently joined the European Union on 1 July, increasing the number of EU Member States to 28. [MORE]
April 18, 2013

Polish Australian Business Forum and Mining Seminar

The Embassy of the Republic of Poland in Canberra has announced that during the official visit of the Minister of Foreign Affairs of the Republic of Poland Mr Radoslaw Sikorski in Australia a Polish Australian Business and Economic Forum and Mining Semina [MORE]
May 15, 2013

Chinese willing to Pay for safety

Food safety is a growing concern for the Chinese in recent years. Items like ink, dye, bleach, wax and other toxic chemicals have been discovered in Chinese food products. The saying “Eating Chinese food products is just like biting into periodic tab [MORE]