Australian exporters are expanding their market presence by diversifying into the Indian market

Australian exporters are capitalizing on the opportunities presented by the recently established free trade agreement between Australia and India. This agreement has proven to be highly advantageous for businesses and mining companies, resulting in a significant boost in exports.

Within the initial six months of the agreement's implementation, export tariffs were reduced by over $12 billion. Iluka Resources, a prominent Western Australian mineral sands producer, is just one example of a mining company reaping the benefits of this agreement.

With tariffs waived on 85% of Australian exports to India, including vital minerals, various metal ores, base metals, and titanium dioxide, the agreement has opened up lucrative avenues for diversification and expansion in the Indian market.