Great news from Austrade – two-way trade between Australia and India has reached around AUD 50 billion!
INTO INDIA has been active in this space over 20 years, and for most of this time our trade remained stagnant.
This recent growth is a tribute to the folks at Austrade, as well as State Government offices and all the organisations promoting the relationship. And of course highest praise goes to the brave companies that are finding a way in the Indian growth market.
Healthcare is a good example of the opportunities ahead.
The recent Indian budget 2024 signals the Indian government’s resounding commitment to provide equitable healthcare services across socio-economic spectrum with special coverage of “missing” middle class.
The Indian government is scaling up their focus on digitalisation of the public healthcare system, tariff reductions on some critical pharmaceutical drugs and MedTech devices.
Good news across the board – the budget also involves notable reductions in corporate taxes for foreign companies.
As India continues to grow as a preferred commercial destination, connect with organisations such as the Australia India Chamber of Commerce, with Austrade and with State Government offices – they can all help with the pathway to India.
Into India 