Europe Edition
Australian macadamias will become available to Indian consumers, as a first significant shipment of these nuts is on its way. With India's import tariffs on macadamia nuts reduced from 32 per cent to 21.4 per cent — and due to hit zero by 2028 — Australia's largest processor, Marquis Macadamias, has exported 8 tons of kernels. Other processors are set to follow.
According to Marquis Marketing managing director Don Ross, the shipment would be a big boost to local growers: "So we can get some product over there quickly, we're sending part of it by air and the rest of it will go across by boat.” Access to the market of more than 1.4 billion people is the result of the Australia-India Economic Cooperation and Trade Agreement, which entered into force in December last year. The macadamia industry was quick to act, with the Queensland government funding an Australian Macadamia Festival in Mumbai this month.
Source: abc.net.au
