While most of the focus for our exporters has been on China, India presents the big opportunity – possibly larger than what Australia can get out of China. Leading companies are already doing business in India, and it is among the top 20 export destinations. Now, with forecasts of Australian investors pouring in $80 billion in the next year, further opportunities abound.
Consider the numbers
India has a population of 1.2 billion people. That makes it second to China (1.3 billion), but India – with its higher birth rate – is set to eclipse China and become the world’s biggest country.