India New Zealand FTA promises zero duty access and could double engineering exports to 300 million

Published on 29 April 2026

Zero duty market access for all Indian goods

India’s engineering exports to New Zealand are expected to double within five years, with shipments projected to reach USD 280–300 million. The shift is driven by a new free trade agreement that offers zero-duty market access for all Indian goods, aiming to strengthen the engineering sector and expand opportunities for MSMEs through easier, cheaper exports.

Engineering exports to New Zealand could double in five years
FTA provides zero-duty market access for all Indian goods
Projected engineering shipments: USD 280 to 300 million
MSMEs are expected to benefit the most from the pact

#foreign trade #new zealand #engineering exports #fta #msme

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

India New Zealand FTA promises zero duty access and could double engineering exports to 300 million

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