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$20-bn commitment in India-NZ trade deal
Financial Express Mumbai
|December 23, 2025
IN CASE NEW ZEALAND'S investment commitment of $20 billion is not met, then India will have the option to reverse the concessions.
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It is the second FTA where India has secured investment commitment after the first one with European Free Trade Association (EFTA).New Zealand maintains tariffs of around 10% in 450 lines of key Indian exports like textiles & apparel, leather, ceramics, auto and auto components. Its market access offer covers immediate elimination of duties on 100% of 8,284 tariff lines from the day of entry into force.
This market access enhances the competitiveness of India’s labour-intensive sectors including textiles, apparel, leather, footwear, marine products, gems and jewellery, handicrafts, engineering goods and automobiles.
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