India is on the cusp of becoming the world's most populous country, and it could spell new opportunities for trade and exports from Australia.
India's rising middle class provides an opportunity for Australian agricultureAustralia's current relationship with India is changing and it is a shift that has been accelerated by a recent free-trade agreement signing — the first India has signed with a western nation.
It signals change for the largest democracy in the world, which Abhinav Bhatia, the senior trade and investment commissioner based in India with Trade and Investment Queensland, said had undergone a decade of structural reforms from tax to roads, airlines, internet, all culminating in India now the fifth largest economy in the world.
The United Nations has projected that India will surpass China as the world's most populous country this year with more than 1.4 billion people.
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