The Indo-Pacific region is poised to become one of the world's most dynamic areas in terms of economic growth. According to a report by the Asian Development Bank (ADB), the GDP of Asia and the Pacific is projected to grow by 6% in 2024, driven by post-pandemic recovery and increasing trade exchanges.

In this context, Australia and India stand out as strategic partners for French businesses looking to expand in this fast-growing region.

1. Exceptional Economic Growth

Australia, with its diversified economy and abundant natural resources, is set for solid growth. According to the World Bank, Australia's GDP is expected to rise by 4% in 2024. As the world's leading exporter of coal and iron ore, Australia benefits from the growing demand of Asian economies, especially China.

India, on the other hand, is experiencing one of the fastest-growing economies globally. The International Monetary Fund (IMF) forecasts India's GDP to grow by 6.1% in 2024, supported by structural reforms, a booming middle class, and significant infrastructure investments. With a young and dynamic workforce, India is an extremely attractive market for international businesses.

2. Promising Markets Full of Opportunities

Both the Australian and Indian markets are expanding rapidly and offer numerous opportunities for French businesses.

• In Australia, the demand for innovative technologies and sustainable solutions creates attractive niches. For example, the renewable energy sector could represent an AU$10 billion market by 2025.
• In India, the digital sector is growing at an unprecedented rate. According to a NASSCOM report, the information technology and digital services industry could reach US$350 billion by 2025. French companies specialising in technology, financial services, and healthcare have significant growth potential here.
  

3. Strategic Position for Logistics Hubs

Australia and India, due to their strategic geographic locations, are ideal logistics hubs for businesses looking to enter regional markets.

• Australia, with its modern ports and high-quality transport infrastructure, serves as a gateway to Asia. Free trade agreements with China, Japan, and South Korea further strengthen this advantageous position.
• India, at the heart of the Indo-Pacific, is also a strategic hub. Initiatives such as Make in India and Digital India are encouraging foreign investment, creating a business-friendly environment.

Key Takeaways

For French businesses, Australia and India represent unique growth opportunities. However, a successful establishment requires an in-depth understanding of local specifics and a well-defined strategy.

How Expandys Can Help You in Your Expansion to Australia and India

Expandys is the ideal partner to support French companies in their expansion to Australia and India. With deep expertise and a strong local network, we provide comprehensive solutions to ensure your international success:

• Market Analysis: We offer a full market study to identify sector-specific opportunities and challenges in both Australia and India.
• Market Entry Strategy: Expandys helps you craft a tailored market entry strategy based on your business objectives, whether it's exporting, creating a subsidiary, or payrolling.
• Subsidiary Setup and Management: Our local experts handle administrative formalities and regulatory obligations to ensure a rapid and compliant establishment.
• Payrolling Solutions: With our payrolling solution, you can hire and manage a local team effortlessly, without needing to set up a legal entity.
• Ongoing Support: Expandys provides continuous monitoring of your operations, adapting your strategy to market changes to maximise success.

With Expandys, you receive end-to-end support, allowing you to focus on growing your business while we handle the complexities of international expansion. Contact us today to find out how we can turn your project into a success.

Contact us to learn more about how we can support you