India and Australia have deepened their bilateral relationship, evolving from a Strategic Partnership in 2009 to a Comprehensive Strategic Partnership (CSP) in 2020. Economic ties have strengthened, with the Australia-India Economic Cooperation and Trade Agreement (ECTA) facilitating tariff-free trade for most goods, and negotiations for a Comprehensive Economic Cooperation Agreement (CECA) underway. Both nations are collaborating in critical minerals, renewable energy, and education. Notable investments, such as Australia’s Deakin University campus in India, highlight growing opportunities. Bilateral trade reached US$31.4 billion in 2022, with key exports in minerals, technology, and education. Continued efforts in defense, trade, and people-to-people ties are set to drive further economic growth and regional stability.
