India–New Zealand FTA: Short Summary

The India–New Zealand FTA will enter into force on 20 October 2026. It will strengthen trade, investment and business relations between both countries.

Benefits to India
Duty-free access for Indian exports to New Zealand.

Better opportunities for textiles, garments, leather, footwear, engineering goods, pharmaceuticals, food products and gems and jewellery.

Improved access for Indian IT, professional, construction, education and tourism services.

More opportunities for MSMEs and Indian professionals.

Easier market entry for Indian medicines and medical devices.

Up to USD 20 billion potential New Zealand investment in India.

Access to important inputs such as logs, coking coal and metal scrap.

More student, employment and professional-mobility opportunities.

Benefits to New Zealand
Preferential access to India’s large consumer market.

Better export opportunities for apples, kiwifruit, wool, sheep meat, seafood, forestry products and honey.

Reduced duties on a large share of New Zealand exports.

More opportunities in agriculture, food processing, cold-chain, education, tourism and technology.

Greater investment and business certainty in India.

Cooperation in agricultural productivity, food safety and supply-chain development.

Overall impact
The FTA is expected to:

Increase bilateral trade and investment.

Create employment and business opportunities.

Support MSMEs and exporters.

Improve supply-chain and technology cooperation.

Strengthen economic and strategic relations between India and New Zealand.

Exporters must still comply with the applicable rules of origin, certificates of origin, HS classification, customs procedures and product standards.

Simply Exim thru Sow Exim
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