Victoria's relationship with India
Recent years have seen remarkable growth in the trading relationship between India and Australia. Two-way trade in goods and services has grown in value from $13.6 billion in 2007 to $24.3 billion in 2020.
India is an important market for Victorian food and fibre products and is emerging as an important market for urban design, ICT and life sciences. India is one of Victoria's primary sources for international students and is one of the State's fastest growing sources of international tourists.
Victorian Trade and Investment Offices
Supporting our relationship, the Victorian Government has offices in Bangalore (est 2005) and Mumbai (est 2012) which play a vital role in the facilitation of trade, investment and the establishment of people to people links and partnerships between the two regions.
Victoria's India Strategy
The Victorian Government's strategy for developing our relationship with India over the next ten years was released in January 2018. For more information visit:
Australia-India Economic Cooperation and Trade Agreement
Australian businesses and consumers can now take advantage of new trade opportunities offered by the Australia-India Economic Cooperation and Trade Agreement (ECTA), which entered into force on 29 December 2022. Over 85 per cent of Australian goods exports by value to India are now tariff free, rising to 90 per cent in six years, and high tariffs have been reduced on some additional products. In addition, 96 per cent of imports from India are now tariff free, rising to 100 per cent in four years.
For more information please refer to The Department of Foreign Affairs and Trade:
- Australia-India Economic Cooperation and Trade Agreement (AI - ECTA)
- Australia-India Comprehensive Economic Cooperation Agreement (AI - CECA)
- Australia-India AI - ECTA outcomes
- Australia-India AI - ECTA official text
Cultural ties and people to people links between Victoria and India are extensive, and continue to strengthen as a result of events such as the Indian Film Festival of Melbourne and the Diwali (Indian Festival of Light).
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contact Michelle Wade
Commissioner for Victoria to South Asia
Or go to our All Offices page to find your nearest Invest Victorian representative.