India and New Zealand are moving from trade ambition to a much broader economic relationship.

Speaking at the CII Global Trade Scenario in Mumbai, NZTE Consul General Graham Rouse highlighted opportunities for New Zealand businesses across agricultural technology, space technology and partnerships with Indian MSMEs.

Importantly, he noted that bilateral trade has already doubled over the previous three years, even before the benefits of the FTA begin to flow.

The opportunity for Kiwi businesses is therefore not confined to exporting more products. It is also about combining New Zealand expertise with India's scale, technology, manufacturing capability and rapidly growing businesses.

With the India New Zealand Strategic Partnership targeting NZ$7 billion in two way trade by 2030, INZBC's focus is increasingly on helping businesses identify these opportunities, find credible partners and build the relationships required to succeed in India.

The FTA provides the framework. Businesses now need to prepare for implementation.

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