New Delhi, April 27 -- Industry leaders on Monday said the India-New Zealand Free Trade Agreement (FTA) will open up significant market access and boost exports across key sectors, calling it a major opportunity for Indian businesses.

Sunil Kaushal, Chief Executive of India India-New Zealand Business Council, said the agreement would strengthen economic engagement between the two countries. "It is a great opportunity for both New Zealand and India... It will provide market access to Indian companies in New Zealand... A lot of opportunities are going to come out of this FTA," he said.

Export-oriented sectors, particularly apparel, are expected to see strong gains following the agreement. Dr A. Sakthivel, Chairman of the Apparel Export Pr...