India-New Zealand FTA to kick in on Oct 20 with zero tariffs on Indian goods
BusinessLine 5 hrs ago·21 Sept 2026, 4:38 pm
Starting October 20, India and New Zealand will activate a free‑trade agreement that removes tariffs on Indian goods entering New Zealand. The deal spans agricultural, industrial and services products, easing customs for exporters.
Investors see the tariff cut as a boost for Indian exporters, potentially widening profit margins and diversifying market exposure beyond the United States. Sectors such as dairy, pharma and IT services could feel the first impact.
The next steps include tracking early trade statistics, company updates on New Zealand shipments, and any follow‑on negotiations with other Pacific partners. Implementation details and logistics readiness will determine how quickly the benefits materialise.
Excerpt from BusinessLine
The India-New Zealand FTA will be implemented on October 20, paving the way for duty-free exports of 100 per cent of Indian goods, including labour-intensive items such as textiles, carpets, chemicals, gems and jewellery, pharmaceuticals, auto and auto components and machinery. This move has the potential to double…Read the original at BusinessLine
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