Historic India–New Zealand FTA Opens New Global Markets for MSMEs

On 27 April 2026, India and New Zealand signed a landmark Free Trade Agreement (FTA) in New Delhi, a significant step for MSME exporters. The pact eliminates duties on 100 % of Indian exports to New Zealand, giving zero-duty access across labour-intensive sectors like textiles, leather, engineering goods, gems & jewellery, and processed foods key MSME segments. It also includes a US $20 billion investment commitment to deepen long-term ties and strengthens opportunities for women-led and small enterprises. The agreement aims to boost export competitiveness, expand markets, and create jobs for MSMEs across India.