Key commodities exported to Australia are plain gold jewellery, studded jewellery, and cut and polished diamonds. The main commodities imported from Australia are gold and silver bars.
He also pledged to "do things differently" when it came to China, which he said poses a "systemic challenge" to British values and interests.
Speaking at the media briefing, India's Ambassador to the UAE Sunjay Sudhir said that states are being encouraged to organise road shows in places like Dubai.
Free trade agreement with Canada, Gulf Cooperation Council countries could be finalised by the end of this year
The Confederation of Indian Alcoholic Beverage Companies, (CIABC), said that this agreement was going to benefit the grape farmers and wine industry of the country.
Australia has traditionally been a major trading partner for the Indian garment industry with exports occupying a share of about 4 per cent of total Australian garment imports.
The Albanese Government has worked hard to expeditiously advance all processes necessary, to ensure Australia is in a position to implement a free trade agreement before the end of 2022.
Trade Minister Don Farrell said India had demonstrated its commitment to the bilateral economic partnership through the quality of the deal struck.
Hero-worshiping Indians, suffering from a talent famine at home, saw in Sunak's rise the growth of Hindu genetic dominance worldwide, echoed in Indians' managerial successes.
According to the UK government, any agreement with India on visas and migration would fall within the country's wider points-based immigration system and be subject to Cabinet approval.
The Times quoted government sources in both countries to say that India was shocked and disappointed by her disrespectful remarks.
"We even reached an agreement with the Indian government last year to encourage and facilitate better cooperation in this regard. It has not necessarily worked very well."
One of the things directly indicative of the delay is UK Home Secretary, Suella Braverman, expressing reservations about this agreement.
In her interview to The Spectator, Braverman said, "I have concerns about having an open borders migration policy with India because I don't think that's what people voted for with Brexit."
Using patent protection as an example, the minister pointed out that the UK needs to remember that India has different needs from other countries.
Since Truss was instrumental in initiating the FTA, there is optimism of a deal being in sight by Diwali.
"Trade integration gives an economic base. The common economic base is a prerequisite for better national security and better political relations," he said.
Under this agreement, both countries may significantly cut or eliminate customs duties on the maximum number of goods traded between them. Besides, norms would be relaxed to promote trade in services.
He has worked with both Late Prime Minister, Atal Behari Vajpayee as his Private Secretary and also with Former Prime Minister Dr Manmohan Singh.
"For this round of negotiations, technical experts from both sides came together for detailed draft treaty text discussions in 85 separate sessions covering 15 policy areas,".