Two-way investment brief

Australia–India

At the end of 2025, investors from India held A$464 m of direct investment in Australia, making it Australia’s 34th-largest source of foreign direct investment (0.0% of the total). That stock fell 14.5% over the year and has grown -6.4% a year on average over the past decade. Australian direct investment in India was A$1.9 bn — the 19th-largest destination for Australian direct investment abroad. The relationship is weighted towards Australian investment in India (4.2× India’s direct investment in Australia). India was Australia’s 6th-largest two-way trading partner in 2025 (goods and services, A$50.2 bn; 3.8% of Australia’s trade). Globally, India was the world’s 21st-largest source of FDI outflows in 2024 ($24.2 bn, World Bank).

Data (CSV)India global profile

India direct investment in Australia

A$464 m

−14.5%vs 202434th largest

Total India investment in Australia

A$45.3 bn

18th largest · 0.9%

Australian direct investment in India

A$1.9 bn

−6.1%vs 202419th largest destination

Total Australian investment in India

A$26.8 bn

Levels at 31 Dec 2025

Trend

Direct investment in both directions

Direct investment levels, Australia–India

India in Australia
Australia in India

Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).

India’s investment in Australia by type

Direct investment
Portfolio investment
Other investment

Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).

Annual direct investment flows

Net transactions during the year; negative = net disinvestment

India → Australia
Australia → India

Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).

Trade relationship

Australia–India trade

Investment and trade move together: the partners that invest most in Australia are usually major trading partners too. Goods trade is recorded monthly (latest: July 2026); services annually.

Two-way trade, 2025

A$50.2 bn

6th largest partner · 3.8%

Goods exports to India, 2025

A$20.7 bn

12 months to July 2026: A$20.6 bn

Goods imports from India, 2025

A$11.7 bn

12 months to July 2026: A$11.2 bn

Services trade, 2025

A$17.8 bn

Exports A$11.5 bn · imports A$6.3 bn

Goods trade

Calendar years, A$ (ABS merchandise trade)

Exports to India
Imports from India

Source: ABS, International Merchandise Trade (MERCH_EXP / MERCH_IMP), summed to calendar years.

Services trade

Calendar years, A$ (ABS international trade in services by country)

Exports to India
Imports from India

Source: ABS, International Trade in Services by Country, calendar years.

Economic outlook

India’s economy

IMF World Economic Outlook	2024	2025	2026forecast	2027forecast	2028forecast
Real GDP growth	7.1%	7.6%	6.5%	6.5%	6.5%
Inflation	4.6%	2.1%	4.7%	4.0%	4.0%
Unemployment rate	4.9%	4.9%	4.9%	4.9%	4.9%
Current account, % GDP	−0.6%	−0.9%	−2.0%	−1.6%	−1.5%
Fiscal balance, % GDP	−7.9%	−7.4%	−7.4%	−7.3%	−7.1%
Government gross debt, % GDP	84.8%	84.1%	83.4%	82.5%	81.7%

Source: IMF World Economic Outlook via the IMF DataMapper API. Years from 2026 are IMF projections; recent years may be estimates and are revised in each WEO round (April and October).

2025 at a glance

New FDI from India: −A$11 m
New Australian FDI in India: A$149 m
Direct investment income paid to investors: A$49 m
Direct investment income earned by Australians: —

India globally (World Bank)

FDI outflows, 2024: $24.2 bn · 21st
FDI inflows, 2025: $39.1 bn
GDP, 2025: $3.96 tn
Region · income: South Asia · Lower-middle income

Regulatory openness (OECD FDIRRI)

OECD index data loading — see FDI openness

Sources: ABS, International Investment Position, Australia: Supplementary Statistics (cat. 5352.0), 2025 release, released 2026-05-06 — levels at 31 December and calendar-year flows and income, A$ millions, immediate counterparty basis (investment routed via third economies is attributed to the intermediate economy). World Bank WDI (US$). OECD FDI Regulatory Restrictiveness Index. np = not published for confidentiality; included in totalsPrepared independently by FDIstats from public statistics; not an Australian Government publication and not investment advice. For foreign investment rules, see the Treasury and FIRB.