Tiruppur, April 28 -- In a major boost to India's textile industry, the Tiruppur Exporters Association (TEA) has warmly welcomed the historic Free Trade Agreement () signed between India and New Zealand. This landmark deal is expected to significantly enhance bilateral trade and open new avenues for investment and employment.

Following successful FTAs with the UK and the European Union, India has now solidified its economic ties with New Zealand. This agreement, signed by the Union Commerce Minister and the New Zealand delegation, marks a pivotal moment for Indian knitwear exporters, particularly those in the apparel and knitwear sectors.

India's apparel and knitwear exports to New Zealand, currently valued at 1.2 billion USD, are proje...