The All India Association of Industries (AIAI) and World Trade Center Mumbai Welcome India–New Zealand FTA; Boost for Exports & Investment
In the Image:Dr. Vijay Kalantri, President, All India Association Of Industries (AIAI) and Chairman, World Trade Center Mumbai.
The All India Association of Industries (AIAI) and World Trade Center Mumbai have hailed the conclusion of the India–New Zealand Free Trade Agreement (FTA) as a landmark step towards strengthening bilateral economic ties and unlocking new growth opportunities across trade, investment, and mobility.
Dr. Vijay Kalantri, President, AIAI and Chairman, World Trade Center Mumbai, said, “This agreement marks a transformative milestone in India’s global trade journey, offering dutyfree access to 100% of Indian exports and significantly enhancing the competitiveness of labour-intensive sectors such as textiles, leather, engineering goods, and agriculture, while the USD 20 billion investment commitment over the next 15 years is expected to boost manufacturing, infrastructure, and services, generate employment, and strengthen India’s position in global value chains.”
“A particularly encouraging aspect of this agreement is the inclusion of health and traditional medicine services, which opens meaningful avenues for collaboration, while the enhanced mobility provisions, Ranging from student exchanges to post-study work opportunities and dedicated visa pathways, including a quota for 5,000 professionals and 1,000 Work and Holiday visas, this agreement will enable our students and skilled professionals to gain global exposure and foster stronger people-to-people connections.” Said, Dr. Kalantri
Dr. Kalantri emphasized, “Importantly, India has safeguarded its core interests in sensitive sectors such as dairy and agriculture, while labour-intensive industries like textiles and leather are expected to gain significantly from improved market access, and this landmark agreement will accelerate trade expansion, strengthen people-to-people ties, and serve as a strong catalyst for economic growth in both India and New Zealand.”
The All India Association Of Industries (AIAI) and World Trade Center Mumbai remains confident that the India–New Zealand Free Trade Agreement will usher in a new era of economic partnership, driving sustainable growth, innovation, and stronger bilateral ties between the two nations.
Regards,
Sangeeta Jain
Senior Director
All India Association of Industries (AIAI)