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The Economic Times
The Economic Times
National

India-New Zealand FTA kicks in October 20, gives all Indian goods zero-duty access

India's free trade agreement (FTA) with New Zealand will come into force at 12.01 am on October 20, giving all Indian goods, including leather, footwear, apparel and textiles, duty-free access to the island country's market.

The agreement will also open India's 1.4-billion-strong consumer market to New Zealand goods, expand opportunities in services and agriculture, and facilitate $20 billion in foreign direct investment from New Zealand into India over the next 15 years.

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