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Indias Trade Relation With

Australia

Presented By:

Shradhha Sharma 31
Nishant Sharma 39
Prajyot Malve 61
Sumit Kawade 96
Hrushikesh Patil 102
Australia-India Free trade Agreement:

Broadening the base of merchandise trade by


addressing tariff barriers and behind the
border restrictions on trade in goods

Facilitating the growth in services trade by


reducing barriers faced by Australian service
suppliers and by increasing regulatory
transparency

Encouraging investment by reducing barriers,


increasing transparency and enhancing
investment protections
PM Tony Abbott Visit to India and the Civilian
Nuclear Agreement

PM Modis Visit to Australia

Australia Business Week in India (ABWI):


Australian Trade and Investment Ministers Visit
to India
India - Australia Trade in Goods: 2005 2011, (all figures in A$)
Year 2005- 2006- 2007- 2008- 2009- 2010-
2006 2007 2008 2009 2010 2011

Total
Trade 10.12 bn 10.75 bn 10.92 bn 17.53 bn 18.02 bn 17.82 bn

Indias
1.28 bn 1.46 bn 1.60 bn 2.11 bn 1.84 bn 2.08 bn
Exports

Indias
8.84 bn 9.29 bn 9.32 bn 15.42 bn 16.17 bn 15.74 bn
Imports
FDI Inflows from Australia into India

Cumulative FDI Equity Inflows from all countries received in India


During April 2000- 2014 (up to May 2014) were US$ 222.89 billion.
Share of Australia in FDI Equity Inflows from April 2000 to May 2014:
Total FDI Inflows from Australia US$ 600.67 million
Percentage share of total FDI inflows: 0.17%
Rank: Australia ranks 24th
Top sectors that attracted FDI Equity inflows from Australia are:

Agriculture & Mining


Manufacturing
Services Sector
Construction
Finance, Insurance and Business Services
Hotel & Tourism
(Source: DIPP, Ministry of Commerce & Industry, GoI)
Indian exports to Australia
Gems, pearls, and jewellery
Chemicals and its by products
Leather, leather goods, footwear,
and travel goods
Agricultural products
Engineering goods and
manufactures
Textile, clothing and make up
Indian imports from Australia
Coal
Gold (including with gold coated
platinum)
Copper ores
Aluminium oxides
Vegetables
Wool
Manganese ore, iron ore
Future Steps for India & Australia Trade
Relation
Need of economic and business research tools
that provide an updated and coordinated data
analysis of all the identified industry sectors

Buidling Momentum by Joint seminars,


conferences, exchange programmes and
backed by top business leaders, governmental
and ministerial level visits.

Both the nations should not let the


expectations become so high that they lose the
momentum if the target is not reached.

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