New Delhi, April 27 -- Industry leaders and trade bodies on Monday welcomed the signing of the India-New Zealand Free Trade Agreement (FTA), calling it a "significant milestone" that is expected to boost exports, attract investments, and deepen economic ties between the two countries.

The Confederation of Indian Industry (CII) said the agreement is a "forward-looking step" that will shape the next phase of bilateral engagement. "Anchored in shared priorities of trade diversification, innovation, and sustainability, the agreement lays a strong foundation for a more dynamic, resilient, and future-ready partnership," the industry body said.

Highlighting the trade benefits, CII noted that "the FTA's provision of 100% duty-free access for In...