NZ PM Luxon Hails Landmark FTA with India, Unlocking 1.4 Billion Consumer Market

• New Zealand PM Christopher Luxon praised the newly concluded FTA with India, calling it a landmark step for both nations.
• The deal is expected to create jobs, boost incomes, and increase exports for New Zealand by accessing India's 1.4 billion consumers.
• India gains zero-duty access for its exports like textiles, pharmaceuticals, and engineering goods to New Zealand.
• New Zealand will receive phased duty concessions on 70% of India's tariff lines, benefiting agriculture and food processing.
• New Zealand commits to investing USD 20 billion in India over 15 years, focusing on manufacturing, infrastructure, and job creation.

Why It Matters: NZ PM Luxon celebrates FTA with India, opening vast market and promising economic growth for both.