The Federation of Indian Export Organisations (FIEO) has welcomed the signing of the India–New Zealand Free Trade Agreement (FTA), calling it a major step in expanding India’s global trade footprint.
FIEO President S C Ralhan said the agreement will open new avenues for Indian exporters by enhancing market access across sectors such as agriculture, processed food, textiles, pharmaceuticals, engineering goods, and services including IT & ITES, education, construction, and healthcare.
The organisation noted that reduced tariff barriers and simplified trade procedures will improve the competitiveness of Indian products in the New Zealand market.
FIEO emphasised that the pact will help diversify export destinations and reduce dependence on traditional markets, particularly benefiting MSMEs. It also highlighted emerging opportunities in niche segments such as processed and organic foods, dairy alternatives, and AYUSH products, supported by a Mutual Recognition Agreement for organic certification.
The agreement is expected to boost the services sector through improved mobility provisions and mutual recognition of professional qualifications.
FIEO urged exporters to familiarise themselves with rules of origin, compliance requirements, and regulatory frameworks, while calling for stronger government support to address non-tariff barriers, high logistics costs, and awareness gaps.
The body added that strengthening trade facilitation infrastructure and ease of doing business will be crucial to maximising gains, with the FTA expected to more than double bilateral trade and deepen long-term economic cooperation between India and New Zealand.