India-Australia Trade Deal: 100% Tariffs Zero from Jan 2026, Boosting Indian Exports

• India-Australia ECTA to make 100% of Australia's tariff lines zero for Indian products from January 1, 2026.
• Union Minister Piyush Goyal highlighted the agreement's success over three years, fostering export growth and market access.
• Key sectors like manufacturing, textiles, chemicals, pharmaceuticals, and gems & jewelry have significantly benefited.
• India's exports to Australia grew by 8% in FY 2024-25, improving the trade balance.
• The deal is crucial for India to diversify export markets amidst new US tariffs.

Why It Matters: India-Australia ECTA eliminates all tariffs by 2026, significantly boosting Indian exports and market diversification.