What else will be benefited from FTA including audio-visual services, telecommunication services, construction services, tourism and travel?

India has achieved another major diplomatic success on the global trade front. The joint announcement of the India-New Zealand Free Trade Agreement (FTA) was made during a telephone conversation between PM Modi and New Zealand Prime Minister Christopher Luxon. This agreement will not only give a new height to the economic relations between the two countries, but also strengthens India’s alternative global partnerships in the era of America’s protectionist trade policies.

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9 Historic agreement completed in months

Talks on FTA between India and New Zealand began in March 2025, when Prime Minister Lakson visited India. The completion of this Free Trade Agreement in a record time of just 9 months reflects the political will and strategic understanding of both the countries.

Target to double business within five years

Regarding this trade, the Prime Ministers of both the countries agreed that after the implementation of FTA, the existing bilateral trade will be doubled in the next five years. This will give new impetus to trade, investment, innovation and supply chain cooperation between India and New Zealand.

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15 in India in a year 20 million dollar investment

Let us tell you that under this agreement, New Zealand will invest 20 million dollars in India in the next 15 years. This investment will provide opportunities in sectors like agriculture, dairy, food processing, education, technology and startups.

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