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Indo-Australia trade deal boosts engineering exports, despite import surge

Indo-Australia trade deal boosts engineering exports, despite import surge
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Indo-Australia trade deal boosts engineering exports, despite import surge

Indo-Australia trade deal boosts engineering exports, despite import surge
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Latest News | Indo-Australia Trade Deal Boosts Engineering Exports, Despite Import Surge

Get latest articles and stories on Latest News at LatestLY. One year after the India-Australia Economic and Trade Cooperation Agreement (ETCA) came into effect, engineering exports to Australia reached USD 944 million in April-November 2023-24, a 3 per cent increase. Latest News | Indo-Australia Trade Deal Boosts Engineering Exports, Despite Import Surge.

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Indo-Australia trade deal: Indo-Australia trade deal boosts engineering exports, despite import surge

Engineering exports to Australia reached USD 944 million in April-November 2023-24, a 3 per cent increase. However, imports from Australia also saw a significant 30 per cent upswing during the same period. India s engineering imports from Australia reached USD 355.02 million during April to October 2023-24. The share of India s engineering exports to its total merchandise exports to Australia also witnessed a significant rise, reaching 15.1 per cent during the review period.

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