India–New Zealand FTA: Strategic Boost to Manufacturing & Trade

#WATCH | The India New Zealand free trade agreement is more than just a trade facilitator. It is a strategic bridge that aligns India's manufacturing prowess and New Zealand's $20 billion USD investment commitment in renewables and technology. New Zealand is already importing approximately 25 million worth of critical electrical equipment such as transformers and cables from India. This immediate elimination of duties on select items paired with a long-term tariff reduction roadmap provides our manufacturers with a decisive competitive edge. I'm confident that this collaborative partnership will be a primary driver in doubling our bilateral trade to 5 billion US within the next five years: Vikram Gandotra, President, IEEMA.

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