India NZ Trade: Kiwi and apple will be cheaper! India-New Zealand FTA opens up a floodgate of opportunities for entrepreneurs

• Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon announced the completion of the India-New Zealand Free Trade Agreement (FTA) in a record time of just 9 months.
• According to this agreement New Zealand in India in next 15 years 20 billion dollars (about Rs. 1.6 lakh crore) will invest, The aim is to double the bilateral trade.
• This is considered to be a very important strategic step taken by India to boost domestic trade in the wake of increased customs duties (Trump Tariffs) imposed by the US.

India-New Zealand Free Trade Agreement 2025 : In world politics and business (Trade Agreement) Today India has taken a giant leap. Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon today signed the India-New Zealand Free Trade Agreement (FTA) in a telephonic conversation. Interestingly, India has shown its political will to the world by completing a deal that often takes years, in a record time of just 9 months.

What is this ‘historic’ agreement?

Under this agreement, tariffs on 95% of products imported from New Zealand to India will either be completely abolished or significantly reduced. This will enable Indian consumers to get quality New Zealand products at cheaper prices, while on the other hand, New Zealand market will be opened up to entrepreneurs in India’s IT, Pharmaceuticals and Textiles sectors.

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20 billion dollar investment and employment opportunity

The biggest advantage of this deal is investment. New Zealand has committed to invest $20 billion in India over the next 15 years. These investments will mainly be made in technology, education, agro-technology and infrastructure. In addition, New Zealand has relaxed its visa rules for Indian youth and students, and graduates in STEM (Science, Technology, Engineering, Mathematics) will be given a 3-4 year post-study work visa.

‘Masterstroke’ answer to Trump’s policies!

US President-elect Donald Trump’s announcement of massive tariffs on imported goods has created volatility in global trade. At such a time, India has secured its economy by signing trade agreements with countries like New Zealand, Oman and Britain. Experts believe that India has played this ‘masterstroke’ to reduce its dependence on America and find alternative markets.

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A ‘different’ scenario for farmers and entrepreneurs

With this agreement, New Zealand’s ‘Centres of Excellence’ will help to increase India’s agricultural productivity. Indian farmers will get New Zealand technology in apple, kiwi and honey production. At the same time, Indian pharmaceuticals and engineering goods will enter New Zealand with zero customs duty, giving a major boost to the country’s exports.