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India New Zealand sign FTA set to cut dependence and supercharge textiles value chain growth
Business
Published on 27 April 2026
Duty free access for textiles could reshape exporters’ next moves
India and New Zealand have signed a Free Trade Agreement aimed at reducing India’s reliance on a limited set of markets. Analysts say the deal can push Indian textile and apparel exporters up the value chain. With duty free access for Indian textiles and New Zealand’s premium wool imports, the pact is expected to support growth in high end garment exports while diversifying trade.
- FTA is expected to lower India’s dependence on select export markets
- Duty free access for Indian textiles is a major incentive for exporters
- New Zealand premium wool could boost India’s high end garment production
- Deal may accelerate efforts to move textiles up the value chain
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times