Thailand Advantage

  • The Thailand-India FTA offers the rewards of almost tariff-free trade between the two countries.
  • Thailand is the 2nd largest economy and the most economically thriving countries in Southeast Asia.
  • With US 246.11 billion of buying power, Thailand’s 52 million strong middle class makes it the economic anchor in the region.
  • Businesses based in Thailand have access to a domestic market of 69 million as well as access to the fast-growing CLMV (Cambodia, Laos, Myanmar and Vietnam) region with 242 million consumers and the 660 million consumers in ASEAN.
  • Strategically located at the heart of Asia, Thailand is the dynamic gateway to the fast growing ASEAN economic market.
  • The ASEAN-India Free Trade Agreement (AIFTA) offers excellent business scope due to the free movement of goods, services, and capital. The AIFTA trade treaty has definitely boosted bilateral trade.
  • ASEAN is also a growing consumer market, expected to have to 125 million households by 2025.
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