India, April 27 -- The Government of India has issued a release:
The India New Zealand Free Trade Agreement (FTA) was signed on 27 April, 2026 in New Delhi. The Ministry of Textiles welcomes the landmark trade agreement, reflecting a future ready partnership built on trust , growth and shared prosperity.
The New Zealand market provides an opportunity for India's exports of textiles, apparel and madeups. New Zealand's global imports in these three sub categories is $0.33 billion, $1.27 billion and $0.33 billion respectively. With a population of 5.3 million, concentrated around large urban centres and around a $52,000 per capita income, there is immense scope for high value exports.
The apparel sector comprises 65% share of gl...