India, April 29 -- India's engineering exports to New Zealand are poised to double over the next five years from USD 140.5 million to USD 280-300 million, following the signing of a free trade agreement (FTA) that grants zero-duty market access to all Indian goods, officials said.

Industry body EEPC India's Chairman Pankaj Chadha said the pact would provide a strong tailwind to the sector, particularly MSMEs, by lowering trade barriers and ensuring stable market access in a relatively small but high-potential destination.

Engineering shipments to New Zealand have already shown steady traction, rising around 8 per cent to USD 140.5 million in 2025-26 from USD 129.8 million in the previous fiscal.

Growth has been led by automobiles, dair...