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Government of South Australia - Department of State Development

    India: Emerging growth market

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    India is a dynamic market – the fastest growing large economy in the world – presenting significant long-term trade and investment opportunities for South Australia.

    Why India?

    • India is the world’s most populous country and set to the be the third largest global economy by 2030
    • India’s youthful demographics – with 40 per cent of the population aged under 25 – are fuelling demand for education services and consumer products
    • India’s food security demands make it the world’s largest import market for grains, pulses and other agrifood commodities
    • India is a technology superpower and home to global tech giants, driving technology investment opportunities
    • The Australia-India Economic Cooperation and Trade Agreement (ECTA) has lowered tariffs across a range of key South Australian export categories
    • Major investments under Make in India program will position India as a green industrial leader and supply chain partner for global export of green products.

    Market strategies

    We will position our state to realise opportunities in India through a coordinated approach across government, industry and business.

    We will leverage preferential market access afforded through the Australia-India Economic Cooperation and Trade Agreement (ECTA).

    To support business navigating India, we will build industry and business capability and market literacy.

    Through a targeted program of market engagement, we will promote South Australia as a preferred partner for India in food security, energy security, education and skills.

    We will also partner with the Australian Government on programs and activities under the India Australia Economic Roadmap.

    Activity

    • Business missions aligned with high-level government visits covering priority sectors, including education, agrifood, energy and technology
    • Strategic partnerships with India’s largest corporate conglomerates to deliver investment and support for South Australian access to global supply chains
    • Food security partnership program to support joint research, technology partnerships, regulatory exchange, and commercial engagement in grains, pulses, horticulture, red meat, and wool
    • Energy security programs will drive two- way investment, offtake and technology projects to meet net zero ambitions
    • Support for South Australian business participation in Australian Government Australia-India Business Exchange trade missions.

    Contact our global office

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