New Delhi, April 29 -- India-New Zealand Free Trade Agreement (FTA) on April 27 marks a pivotal inflection point which will create a conducive environment for scaling exports, said Rajesh M Revankar, Vice Chairman of Electronics and Computer Software Export Promotion Council (ESC).
He noted that India's exports to New Zealand declined from USD 8.37 million in FY 2024-25 to USD 7.76 million in FY2025-26 marking a contraction of 7.27pc.
The export basket remains highly concentrated, with electronic components and instruments contributing nearly 84pc of total shipments.
Revankar said in a note, "Electronic components stood out with strong momentum-rising from USD 2.89 million to USD 4.37 million, a growth of 51.44pc, signaling an underlying...