India FTA now open for business
20 Oct 2026
New Zealand exporters can start using the New Zealand-India Free Trade Agreement from today, with tariffs removed on more than half of New Zealand’s exports to India, Trade and Investment Minister Todd McClay says.
“We launched talks in March 2025 and, by working harder and faster, concluded them in just nine months. That’s a record for India on a comprehensive trade agreement, and it’s one of the highest quality deals they’ve signed. Today, just 19 months after we started, it’s in force and working for exporters,” Mr McClay says.
From today, almost 57 per cent of New Zealand exports to India are tariff-free. That rises to 82 per cent over time. In total, 95 per cent of current exports will have tariffs removed or cut.
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