Australia to Scrap Tariffs on All Indian Exports from 2026: Major Trade Boost

• Australia will remove 100% tariffs on Indian exports from January 1, 2026, under the Ind-Aus ECTA.
• This move is expected to significantly deepen bilateral trade and boost opportunities for Indian exporters, especially in labour-intensive sectors.
• Union Minister Piyush Goyal highlighted the ECTA's impact, noting 8% export growth to Australia in FY 2024-25.
• Zero customs duty will enhance price competitiveness for Indian products, benefiting MSMEs and various sectors like textiles, gems, and agriculture.
• The agreement strengthens the strategic economic partnership, aligning with India's Make in India and Viksit Bharat 2047 visions.

Why It Matters: Australia's tariff removal on Indian exports from 2026 will significantly boost bilateral trade and economic ties.